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#5518
San Diego Restaurants For Sale

Bargain of century 99k - San Diego Mex - fully staffed & 41 lic!

$99,999
Available
Bargain of century 99k - San Diego Mex - fully staffed & 41 lic!



ADD TO FAVORITE

Here is the downtown Mexican food location you have been looking for.

Sales are booming, new neighborhood construction brings even more residents to your doorstep! New condos, new apartments NEW CUSTOMERS!

Great corner location with unbelievable foot traffic, literally walking right by your front door every day. High School and College students exactly the customer base you are looking for.

Located on the street level of a huge condo complex, right across the street from two large schools and just steps away from one of the busiest trolley stops in the city.

The Restaurant is surrounded by customers. Two schools, huge condo and apartment complexes and lots of offices and businesses.

Beer and wine license makes this place even more attractive. Nice dining area for relaxing with a cervaza and watching the flood of people outside your window. 

Currently the location is absentee owner run and doing about  40k per month and 500k per year. Are you a go getter ready to get to work? This place is a gold mine. Get in, roll your sleeves up and capitalize on the efficiencies of an owner run restaurant and watch the bottom line grow.

Current owner has done everything right here with the build out.

Professionally designed and built,  this place was done right. Restaurant boasts top of the line and very well maintained equipment in the well laid out and easy to run kitchen including the high dollar ventilation system. (well over 30k to install) 12 foot captive air hood system, grill, fryers and lots of storage, including a walk in cooler!

Inside dining area is nice and comfortable and great for people watching and drawing customers in with lots of window space. There is an outside patio area for the overflow customers. The beer and wine makes this a fun atmosphere. 

The restaurant  space is 960 sq. feet with rent of approximately $4300/month  that includes NNN. Current lease term expires June of 2020.

The really good news is that the landlord is ready to put together a brand new lease, they love this food concept so bring your negotiating skills to the table and get the lease terms you want!  

If you are looking for a quick serve restaurant with great foot traffic and outstanding location go check this place out, you will be impressed.

 

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires 6/2020 -New lease available with new terms and monthly rent
Total Monthly Rent:
$4,300

Operations

Liquor License:
beer and wine
# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hood System Type 1:
Yes

Facilities

Indoor Seating:
24
Outdoor Seating:
8
Inside Sq. Ft.:
965
Outside Sq. Ft.:
300

Highlights

  • Huge foot traffic
  • nearly 500k in annual sales
  • Nice dining area
  • condo's/apartments above and all around you
  • well maintained kitchen equipment
  • walk in cooler
  • outside patio area
  • large and many windows
  • great visibility and signage

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $4,294,967,295 $4,294,967,295

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, foreward 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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