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#3893
San Diego Restaurants For Sale

Booming San Marcos area, Bargain priced, High volume Mexican food business for sale-Very popular retail center-200k build out

$99,999
Booming San Marcos area, Bargain priced, High volume Mexican food business for sale-Very popular retail center-200k build out
This Listing is Expired

Here is a great build out location with high volume. Location can be converted to a single unit operation of your own or be purchased as a franchise location.

Located just minutes from Cal State San Marcos in a very busy retail/food court type center.

The Center has a huge fitness complex anchor that helps turnover traffic throughout the day and night.

Seller spared no expense when building out this location. Well over 200k went into this space and you can get it for less than half!

Restaurant has a custom designed kitchen perfected over 20 years of developing this type of concept.

Kitchen has everything you will ever need for preparation and serving of high quality Mexican foods. The compact kitchen was professionally set up to minimize steps and maximize productivity.

The kitchen area will truly impress you. With easy clean stainless steel throughout, an extra employee only bathroom, a walk in cooler, and plenty of storage and prep areas, this kitchen is ready to produce!

Location did just under 600k in gross sales in 2012 or $48,203 per month.

Are you ready to walk in to a high volume location and make it your own? This is an ideal set up for an owner operator to buy into and immediately reap the rewards of the seller’s hard (and expensive) work.

If you are looking for help and the backing of a franchisor, this is a unique opportunity where the seller is willing to sell the unit as either a franchised location allowing you to continue with the current concept and name or you can purchase the unit and convert to your own Mexican food restaurant or another concept entirely. (Pending landlord approval for the new concept)

To purchase as a franchise will require a 30k franchise right fee and ongoing 5% royalty and 2% advertising fees.

Restaurant is 1700 square feet with a large shared patio area, great for outside dining and relaxing.

Rent is $7100/ month and current lease term expires in March of 2017 with a ten year option available.

Listing brought to you by Stone Path Brokerage Services DBA Selling Restaurants San Diego.

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 March 2017 plus (ten) year option
Total Monthly Rent:
$7,100

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
6
Hours Open:
Daily
10-8
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
24
# of Parking Spots:
100
Inside Sq. Ft.:
1,700
Outside Sq. Ft.:
common area

Highlights

  • High traffic center
  • High volume location
  • Well designed kitchen
  • Ideal for owner operator
  • Franchise opportunity available
  • Minutes for University
  • Seconds from freeway

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 49,470 194,054
Households 3-mi. 5-mi
2010 Number Of Households 13,899 61,618
2010 Persons Per Household 3.33 2.98
Median House Value $362,800 $370,582
Income Per Household $51,158 $52,449
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,057 3,403
2012 Number Of Employees 31,164 76,012
2012 Total Annual Payroll $594,134,000 $1,414,447,000

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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