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#3423
San Diego Restaurants For Sale

High Volume Quick Serve Mexican Restaurant, New Lease available, off high traffic street

$145,000
High Volume Quick Serve Mexican Restaurant, New Lease available, off high traffic street
This Listing is Expired

Here is your opportunity to take over a high volume Mexican food restaurant and negotiate a new lease like you were just starting up. Landlord says bring me an offer, you wont find many opportunities like this. Taking over an existing, well designed, high volume business where you can get a brand new market rate lease.

Located right off the freeway in the Scripps-Poway area. Traffic counts are huge, access to the center is great and you are right in the middle of an area starved for restaurant choices.

Current owners are looking to consolidate their local operations and need to raise capital. They have this location doing verifiable gross yearly sales of approximately $550,000. You simply need to bring your good name, do a few sign changes and you are up and running with an outstanding sales base.

The restaurant is a modern design with open ceilings and a well thought out floor plan. The sellers designed this place right. The kitchen is immaculate the dinning area is service and customer friendly. There are even employee rest rooms so the staff is never seen by guests going in and out the the bathroom. 

With 2000 square feet of interior space and another 400 of patio space with natural gas already plumbed in, the location is perfect for the current concept of Mexican food but will easily support a variety of other ideas if you have something else in mind.

The surrounding area is begging for a local bar, fence in the patio, secure a license and this location would be great for the next "cheers" neighborhood restaurant/bar. No burger lounges in the immediate area either, are you thinking about a burger concept, here is the place to make it happen.

 Are you looking to expand rapidly? The sellers have a near by second location so a package deal for both would save you big $.

One or both the the choice is yours, don't let the opportunity pass you by.

Listing presented by Stone Path Brokerage Services.   

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:
New Lease available-name your price!

Operations

# of Full-Time Employees:
6
# of Part-Time Employees:
4
Hours Open:
Daily 7a-10p
Year Established:
1984
Hood System Type 1:
Yes

Facilities

Indoor Seating:
52
Outdoor Seating:
28
# of Parking Spots:
30
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
400

Highlights

  • Great Visibility
  • Nice patio area for outside dining
  • nice decor scheme
  • Near new equipment, well maintained
  • Negotiate your new lease with landlord
  • Just off freeway
  • Off major road with lots of traffic
  • Seperate employee bathrooms
  • Near by second location available as well

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 35,145 164,434
Households 3-mi. 5-mi
2010 Number Of Households 11,574 51,951
2010 Persons Per Household 2.83 3.00
Median House Value $627,000 $503,703
Income Per Household $124,099 $100,718
Businesses 3-mi. 5-mi
2009 Number Of Businesses 905 3,150
2012 Number Of Employees 23,088 78,172
2012 Total Annual Payroll $734,895,000 $2,019,280,000

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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