This is AAA location in the heart of San Diego. Minutes from the 805, 163 and 15 freeways this is truly a premier location for a fast casual Mexican food restaurant that even offers a bar area serving beer and wine.
Sellers own several other restaurants and can not handle the volume here and run their other places properly.
Owners state they are doing between 50-60k in gross sales per month with out even trying! Buyer to verify sales figures as broker was given this information verbally. In other words, please do a good due diligence on this issue. Get a dedicated owner in here with some marketing ideas and operational efficiency skills and the sky is the limit.
The restaurant is in near new condition with a traditional Mexican cantina feel with cutting-edge feel and look. Lots of window space allows for bright festive daytime feel and very visible neon lights at night.
Location has a beer and wine license along with a separate bar area to capitalize on the cantina atmosphere.
Kitchen has all new equipment and easily handles the current volume.
This corner space is a very well laid out 2300 square feet inside and approximately 400 square feet of patio space. Base rent has currently been reduced to $5,270 per month plus CAM of $1,984 until July of 2010. CAM includes water and sewer. Base rent with out reduction is 7240. Seller states landlord has expressed desire to negotiate a new (lower) lease for a strong buyer.
If you are looking for a space with huge traffic and visibility then look no further, you have found it here. Click on one of the Orange buttons below for additional pictures and the address of this prime location for a restaurant.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 46,091 | 147,286 | 364,825 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 16,498 | 57,658 | 156,365 |
2010 Persons Per Household | 2.70 | 2.43 | 2.20 |
Median House Value | $387,100 | $391,708 | $501,072 |
Income Per Household | $57,350 | $63,233 | $63,589 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 2,024 | 7,229 | 13,955 |
2012 Number Of Employees | 73,138 | 355,856 | 537,206 |
2012 Total Annual Payroll | $1,609,153,000 | $4,294,967,295 | $4,294,967,295 |
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