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#5107
San Diego Restaurants For Sale

Booming San Marcos area, Bargain priced, High volume Mex food

$169,999
Booming San Marcos area, Bargain priced, High volume Mex food
This Listing is Expired

Go See This Restaurant by Selecting the Button to the Left "Want Name/Address"

Here is a high end beautifully built out location in a super busy strip mall. They are seconds from the 78 freeway and ever present traffic. 

University is just down the road and there is huge development going on directly across the street.

Easy in and out street access from one of the busiest streets in the city.

Currently restaurant is a very popular Mexican food location. Current owner has locations all over the city and they want all their locations to have drive- thru’s, this one does not have a drive through so it’s your lucky day!

Located just minutes from Cal State San Marcos in a very busy retail/food court type center.

The Center has a huge fitness complex anchor that helps turn over traffic throughout the day and night.

Seller spared no expense when building out this location. Well over 200k went into this space.

Restaurant has a custom designed kitchen perfected over 20 years of developing this type of concept.

Kitchen has everything you will ever need for perfect preparation and serving of high quality Mexican foods. The compact kitchen was professionally set up to minimize steps and maximize productivity.

The kitchen area will truly impress you. With easy clean stainless steel throughout, an extra employee only bathroom, a walk in cooler, and plenty of storage and prep areas this kitchen is ready to produce!

Location did over half a million in sales in 2016 and thru June of 2017 has done over 300k and has averaged more than 50k per month.

Are you ready to walk in to a high- volume location and make it your own? This is an ideal set up for an owner operator to buy into and immediately reap the rewards of the seller’s hard (and expensive) work.

You can purchase the restaurant, change the name and convert to your own Mexican food restaurant or bring another concept entirely. (Pending landlord approval for the new concept)

Restaurant is 1700 square feet with a large shared patio area great for outside dining and relaxing.

Expected rent for the new lease will be in the 3.00-3.50 per sq foot range plus NNN.

Landlord is ready to do a brand new lease with a qualified buyer, bring your negotiating skills and set this place up for huge success by getting yourself a great new lease rate.

Current lease expires in January of 2018 with options available but you won’t need them as you will have your own new lease at current market rates or better.

 

Listing brought to you by Stone Path Brokerage Services DBA Selling Restaurants San Diego.  

    

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires Jan 2018-New lease available
Total Monthly Rent:
$7,700

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
8
Hours Open:
Daily 10-8
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
24
# of Parking Spots:
100
Inside Sq. Ft.:
1,700
Outside Sq. Ft.:
500

Highlights

  • Super high traffic center
  • Near large university
  • Located on High traffic street
  • Perfect for owner operator
  • big volume location
  • nice common area
  • super clean kitchen
  • build out alone was 200k plus
  • keep current or change concept

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 49,470 194,054
Households 3-mi. 5-mi
2010 Number Of Households 13,899 61,618
2010 Persons Per Household 3.33 2.98
Median House Value $362,800 $370,582
Income Per Household $51,158 $52,449
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,057 3,403
2012 Number Of Employees 31,164 76,012
2012 Total Annual Payroll $594,134,000 $1,414,447,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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