ASSET SALE. San Diego, CA. Circa Restaurant Business

Transcription

1 ASSET SALE San Diego, CA Circa Restaurant Business

2 LISTING BROKER 2 BUSINESS SUMMARY 3 EQUIPMENT LIST 4 BUSINESS PICTURES 5 LOCATION MAP 6 AREA OVERVIEW 7 DEMOGRAPHICS 8 Justin Earley BRE Lic # Senior Vice President T: E: jearley@capital-rev.com Zach Smith- BRE Lic # Associate T: E: zsmith@capital-rev.com

3 BUSINESS SUMMARY LEASE SUMMARY LEASE TERM 5 Years Remaining LOCATION 2121 Adams Ave San Diego, CA PRICE $169,000 $149,000 LEASE EXPIRATION April 28, 2019 LEASE OPTIONS 1 5 Year SIZE 950 sq. ft. SIZE 950 sq. ft. RENTAL RATE $3.54 per sq. ft. LIQUOR LICENSE Type 41 Beer & Wine INCREASES 3% Annual SETUP Fully Fixturized Restaurant with Bar, and full kitchen TAXES INSURANCE Tenant Pays Tenant Pays PLEASE DO NOT CALL OR DISTURB TENANT MAINTENANCE & REPAIRS TYPE OF LEASE Tenant Pays NNN

4 EQUIPMENT LIST Kitchen: Hood, Exhaust & Make-up Air System All required fire suppression equipment 1-Door Stand-Up Freezer (True) 2-Door Stand-Up Refrigerater (True) 28" Refrigerated Prep Table 36" Refrigerated Prep Table 28" Under-Counter Ice Machine 20qt Hobart Mixer w/ attachments Standard Robot Coup **Paco Jet** high speed blender (2) Imperial 6-Burner Ranges w/ back shelves 48" 2-door Refrigferater w/ flat work surface top Standard Vegetable Prep Sink Standard Hand Sink 3-Compartment Sink w/ 2 drain trays Chemical Pre-Mix Station w/ Pre-Rinse Spayer (Auto-Chlor) Commercial Under-Counter Dishwasher Pre-Rinse Sink w/ Pre-Rinse Spayer Full-Size Commercial Immersion Blender Commercial Fly Trap Counter Top Commercial Deep Fryer Various Shelving Units (Wall-mounted & free-standing) Ample Pots, Pans, Cast Iron, Utensils, Containers, Sheet Pans etc Scales and portion control utensils Mandolin, knife rack, some kitchen knives, hotel pans Kitchen Printer and Ticket Racks Cutting Boards and Dish Racks Ample High Quality Plateware Bar Area: 48" Keg Cooler w/ 4 Taps 48" Bottle Cooler w/ Sliding Tops CO2 system w/ 3 Regulators for draft beer Commercial Coffee Maker (w/ vendor) 3-Sink w/ drain trays Standard Hand Sink Single Station Espresso Machine (needs repair) Various Shelving Units (Wall-moounted & Freestanding) Cash Drawer (2) Digital Cloud-Based POS w/ (2) Ipads & thermal printer 2-Stage Modem & Wireless Router 24" Vizio HD Flatscreen TV on articulating arm 6-Door Refrigerated Wine Cabinet (needs repair) 2-Door Wine Rack Ample Glassware, Coffee Service ware & flatware **Air Conditioning** Service Area: 2-Door Stand-Up Refrigerator (True) Vintage Full-Sized Buffet/Hutch w/interior lighting Various Shelving Units (Wall-moounted & Freestanding) Employee Lockers 48" Chest Freezer Dining Area: Ample Tables, Chairs and Barstools Custom Natural Edge Wood Bar Top (Rare) All Upholstery new 2014 Rustic Lighting Ceiling Fan Various Artwork Patio Tables (Natural Wood) & Chairs Exterior Décor Pieces and Artwork Exterior Space Heaters (Electric) Analog Vintage Stereo w/ indoor & outdoor speakers (optional) Stained Cement Flooring Office/Storage Area: 3in1 Printer/Fax/Scanner Laptop Computer 2-Compartment Drop Safe Mop Sink w/ Chemical Pre-mix station Compliant Grease Trap Various Office Supplies Various Shelving (Wall-Mounted)

5 BUSINESS PICTURES

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7 University Heights is a neighborhood in Central San Diego, California centered on Park Boulevard and Adams Avenue. The name University dates back to the land boom of the 1880s and a plan to build a university in the area, which is now occupied by the San Diego Unified School District. The area is filled with a number of restaurants, coffee shops, boutiques, and artist studios primarily on Park Boulevard and Adams Avenue. Live entertainment can be found most nights. The neighborhood sits in a central San Diego location with a broad spectrum of housing options, from cottages, apartments and condominiums, to million-dollar homes. Downtown, Balboa Park, San Diego Airport, Mission Valley, San Diego State University, are only a few minutes away.

8 1 mi Radius 3 mi Radius 5 mi Radius Total % Total % Total % 2017 Est. Pop Age 25+ by Edu. Attainment Population 2000 Census 32, , , Census 33, , , Estimate 35, , , Projection 37, , , Population Growth Percent Change: 2000 to Percent Change: 2010 to Percent Change: 2017 to Household Growth Percent Change: 2000 to Percent Change: 2010 to Percent Change: 2017 to Family Households 2000 Census 5, , , Census 5, , , Estimate 6, , , Projection 6, , , Family Household Growth Percent Change: 2000 to Percent Change: 2010 to Percent Change: 2017 to mi Radius 3 mi Radius 5 mi Radius Count % Count % Count % Less than 9th Grade , , Some High School, No Diploma 1, , , High School Graduate (or GED) 3, , , Some College, No Degree 6, , , Associate's Degree 2, , , Bachelor's Degree 9, , , Master's Degree 3, , , Professional Degree , , Doctorate Degree , , Est. Pop Age 25+ by Edu. Attain., Hisp./Lat. Households High School Diploma 1, , , Census 17, , , High School Graduate , , Census 18, , , Some College or Associate's Degree 2, , , Estimate 19, , , Bachelor's Degree or Higher 2, , , Projection 20, , , Est. Households by HH Income Income < $15,000 2, , , Income $15,000 - $24,999 1, , , Income $25,000 - $34,999 1, , , Income $35,000 - $49,999 2, , , Income $50,000 - $74,999 4, , , Income $75,000 - $99,999 2, , , Income $100,000 - $124,999 1, , , Income $125,000 - $149, , , Income $150,000 - $199, , , Income $200,000 - $249, , , Income $250,000 - $499, , , Income $500, , , Est. Average Household Income -- 75, , , Est. Median Household Income -- 59, , ,686.37

9 Justin Earley BRE Lic # Senior Vice President T: E: Zach Smith- BRE Lic # Associate T: E: