San Diego Restaurants For Sale
Seller wants out! Bring all offers! San Diego Mexican Food with great location and rent- super clean, possible franchise sale
If you want a bargain now is the time, Seller wants offers! Bring any offer you may get the deal of a lifetime
Here is a very nice Mexican food concept located in a corner suite with outstanding visibility from a super busy street.
The Sports Arena, Rosecrans and Midway district is your base for customers. Center has large box retailers as draws in addition to the tremendous road traffic counts you will see everyday.
This is 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 as a non-franchised location, simply 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 franchisee will requires a 30k franchise right fee and 5% royalty- 2% advertising co-op.
The location has a nice enclosed patio area great for outside dining and enjoying a beer or glass of wine.
Type 41 license is already approved for the space, if you are looking for a beer and wine license you know that new licenses are very difficult to procure in this area.
Restaurant is spotless from the patio to the kitchen. You wont believe how clean the kitchen area is and how well maintained all the equipment is.
This turn key restaurant has it all and is ready for you today.
Space is approximately 1800 square feet plus the enclosed patio area. Rent including CAM is $5700 per month.
Current lease term expires June of 2017 with a ten year option available.
Sales have been consistently in the 400-500k per year range. With an owner operator running the place those kind of sales leave a lot of money to flow to the bottom line.
If you are looking for a restaurant that is turn key with a great sales base already in place this is your chance to get in to it far below build out cost.
Listing brought to you by Stone Path Brokerage Services DBA Selling Restaurants San Diego.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Huge trafftic location
- Steps to the Sports Arena
- Beer and Wine license
- Super clean and well maintained restaurant
- Kitchen has it all and is spotless
- Great corner location
- Excellent visibility
- Lots of windows
Financing
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.
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