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#644
San Diego

National Franchise; quick casual Mexican with standout and distinctive food!

$125,000
Sold
National Franchise; quick casual Mexican with standout and distinctive food!
This Listing is Sold
If you've been searching for that right spot which positions you in an area for explosive growth...check this listing out. If you�re looking for a �turn-key� national franchise restaurant opportunity; with a growing customer base, great food, and lots of potential upside ... check this listing out!

This is a national brand with over 200 locations is located in the inland north county area. This is a quick casual Mexican food concept situated in a strip center across the street from Costco and Home Depot, surrounded by heavy daytime users; industrial parks, office complex, and other commercial users. Customers frequent this restaurant for its food quality, flavors and freshness delivered on a consistent basis. Sale includes the paid franchise license ($20K fee).

Alternatively, take advantage of the tenant improvements and equipment value of $160k for a possible conversion to your own concept. (Location does not have a hood.)

This location is in a 1500 sf space, with 7 years remaining on the lease with a base rent of $3,975; CAM, taxes and insurance of $1,590.

Add catering to all the businesses surrounding this restaurant location to boost sales.

The key employees are in place and could be there to help jump start your new business, along with key management if desired.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
7 yrs remainig + 5 yr option
Total Monthly Rent:
$3,975
Security Deposit:
$3,750

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
2
Hours Open:
10:30A - 8:00P M-F
10:00A - 4:00P S-S
Year Established:
2004

Facilities

Indoor Seating:
48
Inside Sq. Ft.:
1500
Outside Sq. Ft.:
500

Highlights

  • National Franchise; quick casual Mexican.
  • In an area of explosive growth.
  • Across the street from Costco and Home Depot.
  • Surrounded by heavy daytime users.
  • Includes $20k paid franchise fee.
  • Could be converted.
  • 1,500 sf space, $3,975 base rents + NNN.
  • Take advantage of $160k worth of improvements.
  • Add catering to grow the business.
  • Add beer and wine to increase sales.
  • Key employees in place.
  • Absentee owner; needs owner/operator to increase profits.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 48,324 96,962
Households 3-mi. 5-mi
2010 Number Of Households 16,164 36,427
2010 Persons Per Household 2.93 2.60
Median House Value $495,800 $493,297
Income Per Household $93,750 $93,072
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,568 2,743
2012 Number Of Employees 61,276 103,786
2012 Total Annual Payroll $1,854,371,000 $3,302,069,000

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, 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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