Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1042
San Diego Restaurants For Sale

Authentic Mexican Restaurant in Old Town with Hard Liquor Lic & Option to Buy Real Estate!

$475,000
Authentic Mexican Restaurant in Old Town with Hard Liquor Lic & Option to Buy Real Estate!
This Listing is Expired
Located in beautiful Old Town, this authentic Mexican restaurant is on a busy corner lot. There is heavy foot traffic and a beautiful veranda with plenty of outdoor seating. There are outdoor heaters making this a popular dining spot in all kinds of weather. This restaurant has a wonderful reputation for serving truly authentic Mexican food at reasonable prices. There is a full liquor license included. Old Town is a very popular, historic state park that allows visitors the opportunity to experience the history of San Diego by providing a connection to the past. Visitors discover how San Diego was transformed from a Mexican pueblo to an American settlement.

The SBA preferred lender, Banco Popular has reviewed tax returns of the business and has provided a 'letter of pre-approval' for a 80% SBA 7a loan, amortized over ten years.

Please select the orange button below titled "want name and address" in order to get the location of this restaurant.
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 August 31, 2008 + 5 year option
Total Monthly Rent:
$7,791
Security Deposit:
$14,000

Financials

Last Year's Annual Gross:
$614,971
Last Year's Owner's Cash Flow:
$144,744
Last Year's Food Cost %:
26.9
Last Year's Payroll Cost %:
37.5
Last Year's Rent %:
16.0
EBITDA:
$130,506

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
8
# of Family Employees:
2
Hours Open:
7 days a week from 11:00am-11:00pm
Year Established:
1993
Hood System Type 1:
Yes

Facilities

Indoor Seating:
42
Outdoor Seating:
80
Inside Sq. Ft.:
3,466
Lot Dimension:
40 ft x 125 ft
Lot Sq. Ft.:
5,001
Residential/Office Sq. Ft.:
1000

Highlights

  • Located in beautiful Old Town
  • Authentic Mexican restaurant with Option to Purchase Land
  • Busy corner lot with heavy foot traffic
  • Beautiful veranda with plenty of outdoor seating
  • Truly authentic Mexican food at reasonable prices
  • Full (Type 47) liquor license
  • Old Town is a very popular, historic state park
  • Visitors discover how San Diego was transformed from a Mexican pueblo to an American settlement
  • SBA Loan Pre-Approved Business

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,868 106,431 413,518
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,630 51,813 188,719
2010 Persons Per Household 2.12 1.89 2.07
Median House Value $466,300 $607,045 $502,728
Income Per Household $59,719 $62,672 $59,977
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,545 4,753 18,393
2012 Number Of Employees 53,028 134,132 667,416
2012 Total Annual Payroll $1,053,516,000 $2,742,160,000 $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, 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.

Other Listings in the Area
  • Restaurant & Bar in San Diego w/Hard Liquor - Huge Patio
    #5517
    Restaurant & Bar in San Diego w/Hard Liquor - Huge Patio
    Lease:  
    current term expires Jan 2027 with two five yer options
    Monthly Rent:  
    $10,200
    Annual Revenues:  
    $1,167,403
    Square Feet:  
    3,300
    Available
    $449,999
    Down Payment
  • Coffee House /Cafe with Beer and Wine Lic. W/Low Rent
    #6018
    Coffee House /Cafe with Beer and Wine Lic. W/Low Rent
    Lease:  
    Exp 4-2026 with two two year options
    Monthly Rent:  
    $2,400
    Square Feet:  
    1,200
    Available
    $159,500
  • Outstanding kitchen-super cheap 79K!
    #6132
    Outstanding kitchen-super cheap 79K!
    Lease:  
    expires 11/2026 with five year option
    Monthly Rent:  
    $9,200
    Square Feet:  
    1,200
    Available
    $59,999
  • San Diego restaurnt-high traffic center-complete remodel-lease risk
    #6241
    San Diego restaurnt-high traffic center-complete remodel-lease risk
    Lease:  
    Expires Sept 2023 with five year option
    Monthly Rent:  
    $3,700
    Square Feet:  
    2,291
    Available
    $109,999
  • Beach Area location -great concept-sub sandwhices just added to menu!
    #6262
    Beach Area location -great concept-sub sandwhices just added to menu!
    Lease:  
    Expires 4/2027 with two five year options
    Monthly Rent:  
    $5,860
    Square Feet:  
    1,749
    Available
    $209,999
  • SD-North Park restaurant-41lic- ideal location
    #6327
    SD-North Park restaurant-41lic- ideal location
    Lease:  
    expires 2027 with options available
    Monthly Rent:  
    $7,300
    Square Feet:  
    2,300
    Available
    $399,999
  • San Diego restaurant-Near new-great concept-bargain priced
    #6328
    San Diego restaurant-Near new-great concept-bargain priced
    Lease:  
    expires 4-2031 with two five year options
    Monthly Rent:  
    $7,316
    Square Feet:  
    2,250
    Available
    $198,888
  • Beach Area Restaurant-high traffic corner spot-trained staff in place
    #6368
    Beach Area Restaurant-high traffic corner spot-trained staff in place
    Lease:  
    Expires May 2026 with option available
    Monthly Rent:  
    $5,900
    Square Feet:  
    1,500
    Available
    $179,000
  • $2700 rent- bring Mexican concept in-SELLER FINANCING possible
    #6387
    $2700 rent- bring Mexican concept in-SELLER FINANCING possible
    Lease:  
    Expires July 2028-New lease available
    Monthly Rent:  
    $2,700
    Square Feet:  
    900
    Available
    $99,999
  • SDSU area full kitchen-great rent-bring your concept or keep current
    #6399
    SDSU area full kitchen-great rent-bring your concept or keep current
    Lease:  
    Expires July 2024 with two five year options
    Monthly Rent:  
    $4,634
    Square Feet:  
    2,215
    Available
    $179,999
  • Extremely busy center-popular concept-easy operations-full kitchen
    #6400
    Extremely busy center-popular concept-easy operations-full kitchen
    Lease:  
    Expires 9-2026
    Monthly Rent:  
    $5,087
    Square Feet:  
    1,240
    Available
    $119,999
  • San Diego restaurant- PROFITABLE-SBA loan potential-41 lic
    #6401
    San Diego restaurant- PROFITABLE-SBA loan potential-41 lic
    Lease:  
    Expires 7/2025 with five year option
    Monthly Rent:  
    $4,524
    Annual Revenues:  
    $393,541
    Annual Adj. Net:  
    $174,193
    Square Feet:  
    1,875
    Available
    $249,999
  • Restaurant Downtown San Diego-Gaslamp area-ready NOW -seller financing
    #6413
    Restaurant Downtown San Diego-Gaslamp area-ready NOW -seller financing
    Lease:  
    Exp 4/2026 plus two five year options
    Monthly Rent:  
    $4,300
    Square Feet:  
    845
    Available
    $199,999
  • Pizza restaurant-great demographics-good rent
    #6414
    Pizza restaurant-great demographics-good rent
    Lease:  
    Expires Aug 2026
    Monthly Rent:  
    $4,354
    Square Feet:  
    1,188
    Available
    $179,999
  • Bar w 48 license and live entertainment permits
    #6456
    Bar w 48 license and live entertainment permits
    Lease:  
    Expires 4-2026 w five year option Plus available
    Monthly Rent:  
    $5,346
    Square Feet:  
    2,400
    Available
    $399,999
  • Profitable Italian restaurant-SBA potential-San Diego -41 lic.
    #6459
    Profitable Italian restaurant-SBA potential-San Diego -41 lic.
    Lease:  
    Expires 7/2025 with options availalbe
    Monthly Rent:  
    $5,600
    Annual Adj. Net:  
    $273,000
    Square Feet:  
    1,524
    Available
    $429,999
  • Carlsbad restaurant/cafe busy food court-super clean
    #6460
    Carlsbad restaurant/cafe busy food court-super clean
    Lease:  
    Expires 8/31/2027
    Square Feet:  
    800
    Available
    $78,999
  • Nightclub-bar, long established-47 license-big sales volume
    #6461
    Nightclub-bar, long established-47 license-big sales volume
    Lease:  
    Expires March 2028 with options available
    Monthly Rent:  
    $11,927
    Square Feet:  
    5,040
    Available
    $799,999
  • Profitable Business- Easy Operations-Huge Traffic-Coffee/Boba -80K!
    #6463
    Profitable Business- Easy Operations-Huge Traffic-Coffee/Boba -80K!
    Lease:  
    Expires 4-2024-Renewable with options
    Annual Revenues:  
    $293,466
    Annual Adj. Net:  
    $66,152
    Available
    $59,999
  • Pizza restaurant-Heart of North Park-great rent-41 lic.
    #6464
    Pizza restaurant-Heart of North Park-great rent-41 lic.
    Lease:  
    Expires March 2025 plus five year option
    Monthly Rent:  
    $3,250
    Square Feet:  
    1,500
    Available
    $199,000
  • Iconic San Diego corner location-thriving business-local favorite
    #6468
    Iconic San Diego corner location-thriving business-local favorite
    Lease:  
    Expires 3/1/2028 with options available
    Monthly Rent:  
    $12,121
    Square Feet:  
    2,627
    Available
    $299,888
  • Mexican Food Restaurant-bring your menu and name-Busy area
    #6475
    Mexican Food Restaurant-bring your menu and name-Busy area
    Lease:  
    expires 10-2025 with three year option
    Monthly Rent:  
    $4,377
    Square Feet:  
    1,200
    Available
    $129,999
  • Coffee house OR Bring your concept-great patio seating area-ASSET SALE
    #6479
    Coffee house OR Bring your concept-great patio seating area-ASSET SALE
    Lease:  
    Expires August/2027 with options available
    Monthly Rent:  
    $3,200
    Square Feet:  
    600
    Available
    $99,999
  • $ COW, sports bar- burgers & beer-local fav.-100k plus monthly sales
    #6487
    $ COW, sports bar- burgers & beer-local fav.-100k plus monthly sales
    Lease:  
    Expires Jan 2027 with options availalbe
    Monthly Rent:  
    $12,000
    Square Feet:  
    4,352
    Available
    $199,999
  • Deli M-F-Mission Valley-$1202/month incl utilities!
    #6493
    Deli M-F-Mission Valley-$1202/month incl utilities!
    Lease:  
    Expires 12/31/2028 with five year option
    Monthly Rent:  
    $1,202
    Square Feet:  
    1,083
    Available
    $149,000

Terms Of Use     © 2024