530 University Ave , San Diego, CA 92103

  • $249,000
Closed
530 University Ave , San Diego, CA 92103
  • $249,000

Overview

Property ID: HZ240019728
  • Com-BusOp, Commercial Sale
  • Property Type

Description

For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction – $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included.

  • Address 530 University Ave
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92103

Details

Updated on January 16, 2025 at 1:55 am
  • Property ID: HZ240019728
  • Price: $249,000
  • Garage Size: x x
  • Property Type: Com-BusOp, Commercial Sale
  • Property Status: Closed

Additional details

  • Listing Terms: Cash,Conventional
  • Heating: Central Forced Air Elec
  • County: San Diego
  • Property Type: Commercial Sale
  • Parking: Street
  • Agent Name: Crystal Lee
  • MLS Agent ID: 625166

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

360° Virtual Tour

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
admin
  • admin

Enquire About This Property

0 Review

Sort by:
Leave a Review

    Leave a Review

    Similar Listings

    Compare listings

    Compare
    admin
    • admin