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#1103
Stockton Restaurants For Sale

Mexican Casual Dining in Upscale Area w/Bar & Hard Liquor

$85,000
Mexican Casual Dining in Upscale Area w/Bar & Hard Liquor
This Listing is Expired
Price Reduced! Bring your concept OR If you are looking for an authentic, cozy, easy to operate Mexican Restaurant, this is it. Here is a Turn-Key Mexican Restaurant established in 2000 and has been voted "Best Of" by the readership of the local paper. The restaurant offers a casual dining atmosphere inside and outside with a full bar. It also has a loyal catering base of customers as well as a great take-out business. The restaurant is located in a very well kept center, on a major street with close proximity to many residences in a high income neighborhood. This restaurant offers a Type 47 License, a nicely designed kitchen, and seating for 75 inside and 16 outside. There is 2780 sq. ft. at $4,603.5 in monthly rent, CAM is at $1478.70. Buyer has the ability to implement a new concept.
Take the next step and go to www.sellingrestaurants.com Select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
Expires Feb 28, 09
Total Monthly Rent:
$6,082
Security Deposit:
$5,200

Financials

Last Year's Annual Gross:
$308,319

Operations

Liquor License:
47
# of Full-Time Employees:
10
# of Part-Time Employees:
6
Hours Open:
Lunch: 11:00am - 2:00pm
Dinner: 4:30pm - 9:00pm
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Outdoor Seating:
16
# of Parking Spots:
45
Inside Sq. Ft.:
2,780
Outside Sq. Ft.:
1000

Highlights

  • Casual Dining in Upscale Neighborhood
  • Building is approx. 2780 Sq Ft
  • Located in Well Kept Clean Center
  • Inside and Outside Dining
  • Full (Type 47) Liquor License Included
  • Turn-Key Restaurant
  • Equipment in Almost New Condition
  • Seller Very Motivated
  • Very Busy Location

Financing

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

Demographics

Population 5-mi
2014 Total Population 29,195
Households 5-mi
2010 Number Of Households 10,596
2010 Persons Per Household 2.63
Median House Value $274,700
Income Per Household $73,911
Businesses 5-mi
2009 Number Of Businesses 459
2012 Number Of Employees 13,678
2012 Total Annual Payroll $246,520,000

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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