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#4998
San Diego

Profitable Mexican Food - North Park location - Low Rent - Beer/Wine

$139,999
Sold
Profitable Mexican Food - North Park location - Low Rent - Beer/Wine
This Listing is Sold

To Visit This Restaurant, Select the Button to the Left Titled "Sign NDA."

Outstanding North Park San Diego restaurant location, good lease  and nice patio area to enjoy your beer and wine along with a great meal. This restaurant is ready for you now!

Bring your concept or idea to this recently completely and freshly built out restaurant or continue the already successful Mexican food concept already in place.

Online reviews are very good and the restaurant is profitable as it is currently being run. Increase the hours or add additional ownership labor and this place would really produce.

Seller has documented sales for the past two years in the 25k-32k per month range.

Seller stated profits in the 6-8k per month range with only one working owner.

Seller has put it all together and changed her mind. Her loss is your gain.

North park demographics are ideal for many restaurant styles and concepts are you looking for a space that is ready to go in the North Park San Diego area? Don’t miss you chance to get in now without the build out and headaches associated with starting from scratch.

The full kitchen has new hood/exhaust system, with most other equipment in new or near new condition. Nicely set up with pass through window the kitchen is ready to support just about any concept you could imagine.

 With this central location, you could even throw catering into the mix for even greater revenue opportunity.

Capitalize on the growing North Park area with its family atmosphere and the young and hip crowd all mingling happily right here in this great up and coming neighborhood.

Area is heavy with foot traffic and vehicle traffic alike, location is easy to find and is very noticeable.

Rent is only $3500/month plus NNN of approximately $300/month. This approximately 1200 square foot restaurant includes two separate dining areas, one inside and the other a nice outside patio permitted for alcohol consumption.

Great location, 41 license in place, good sales with profits already flowing in a neighborhood that is young, vibrant and densely populated, this place has everything you should be considering when looking for the location of your restaurant.

Come by today and see if this is the place you’ve been looking for.

Visit www.sellingrestaurnts.com for the name and address

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:
expires Jan 2020
Total Monthly Rent:
$3,500

Operations

Liquor License:
41
# of Part-Time Employees:
5
# of Working Owners:
1
Hours Open:
5-9 Mon-Thurs
11-9pm Fri-Sun
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
24
Outdoor Seating:
18
Inside Sq. Ft.:
1200
Outside Sq. Ft.:
200

Highlights

  • Profitable restaurant
  • great North Park area
  • turn key
  • 41 License in place
  • room to grow sales/profits

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 45,908 248,551 541,869
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,089 100,052 203,011
2010 Persons Per Household 2.10 2.37 2.52
Median House Value $427,200 $383,077 $378,700
Income Per Household $47,947 $49,762 $51,710
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 714 6,233 16,007
2012 Number Of Employees 10,936 189,364 612,996
2012 Total Annual Payroll $149,314,000 $4,040,409,000 $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, 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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