Filipino Restaurant, Bakery & Event Venue in South Bay San Diego

A turnkey Filipino restaurant, bakery, and event venue in South Bay San Diego, generating around $1.5 million in annual revenue across five distinct streams, with seller’s discretionary earnings near $120,000 and a business that runs largely absentee. The operation is offered at $350,000 for all assets and carries a transferable Type 41 beer and wine license along with a Conditional Use Permit for live entertainment. The landlord has committed to a new lease with a new owner, which opens the door to SBA financing for a qualified buyer.

Five Revenue Streams Under One Roof

The business runs as a single location built around five complementary revenue streams. A full-service Filipino bistro and a daily hot bar drive consistent walk-in traffic seven days a week. An on-site commercial bakery supplies both retail customers and wholesale accounts. A large-format catering operation books private events and celebrations for two hundred to four hundred guests. Live entertainment and nightlife programming fill the room on weekends. And an established wholesale distribution relationship with a major regional grocery chain accounts for roughly 41 percent of recent revenue, a built-in base that reaches well beyond the four walls. Few single-unit restaurants combine this many independent income sources in one operation.

A Turnkey, Largely Absentee Operation

The current owner is involved only two to four hours per week, with an experienced team handling daily operations, catering coordination, and events. Revenue and the key wholesale and catering relationships are not dependent on the owner and are structured to transfer cleanly. The roughly 4,845-square-foot space seats around two hundred guests and was substantially renovated in 2023, so a buyer steps into a finished, modern build rather than a project.

Licensing and Entitlements That Are Hard to Replicate

The strongest and hardest-to-replicate asset in this deal is regulatory. The business holds an active Conditional Use Permit for live entertainment along with a Type 41 beer and wine license, a combination that is difficult and time-consuming to secure from scratch in this market. Together they make the location one of the few venues in the area that can legally combine food service, nightlife, and large-capacity events. For a buyer, that entitlement package is a large part of what is actually being acquired.

A New Lease and a Clean Balance Sheet

The landlord has committed to a new lease with a new owner, and a fresh long-term lease makes SBA 7(a) financing possible at this price for a qualified buyer. The heavy 2023 renovation and equipment investment is complete and largely behind the business, so it carries no acquisition or build-out debt. All equipment is owned outright and included in the sale. Priced at $350,000 against seller’s discretionary earnings near $120,000, the business is offered at roughly 2.9 times owner earnings.

Upside for the Next Operator

Several growth levers sit untouched, starting with menu pricing that currently runs below market and represents an immediate margin lever available on day one. The catering and wholesale programs can both scale with more active ownership, and the entertainment calendar has room for additional weekend programming and premium private events. A hands-on operator, or a group with a second-location playbook, has room to lift both revenue and margin from an established base.

Ideal Buyer Profile

The opportunity fits an owner-operator who wants an established, multi-stream food and beverage business with licensing that is hard to replicate, or an experienced group adding a high-capacity event and nightlife venue to an existing portfolio. The turnkey build and new lease also suit a qualified buyer pursuing SBA financing. Location, financials, and the full operating picture are available upon request with a signed NDA.