This thriving Filipino restaurant in Chula Vista, CA, is offered for sale at $120,000. Established in 2022 and renovated the same year, this 1,200 square foot, single-story building sits on a lot ranging from 1,200 to 2,000 square feet and operates under a 10-year NNN lease (commencing May 15, 2022, expiring May 15, 2032), with 7.5 years remaining. The lease includes an outdoor seating area and features a 3% annual rent increase. Currently operating at 100% occupancy, the business boasts monthly sales of $9,000 and annual sales of $108,000 (based on current operational hours: Wednesday-Sunday, 11 AM-6 PM). The sale includes all kitchen equipment (range, fryer, refrigerators), a Type 41 beer and wine license, and approximately $5,000 in food inventory. Additional monthly expenses include approximately $3,500 in rent, $800 in SDG&E, $3,000 in payroll for three employees, $80 in phone service, and $125 for grease trap maintenance. Annual insurance costs are approximately $3,400. The seller will provide short-term training
Highlights
Lease includes outdoor seating & all kitchen equipment (range, fryer, refrigerators); Type 41 license included. Inventory list available during due diligence.
End-cap unit with ample parking.
Established 2-year-old Filipino restaurant with strong customer base.
Turnkey operation ready for immediate operation; growth potential via delivery/catering & local marketing.
Cash purchase; seller offers short-term training (recipes negotiable).
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Contacts
Vince Cavataio
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3Rd Ave, Chula Vista, California, 91911
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0 3Rd Ave
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