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#2158
San Diego Restaurants For Sale

Mexican Food/Bar in Super Busy Center

$159,000
Mexican Food/Bar in Super Busy Center
This Listing is Expired

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.

This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires April 2019 (new lease possible)
Total Monthly Rent:
$5,270

Operations

Liquor License:
41
# of Full-Time Employees:
5
# of Part-Time Employees:
2
Hours Open:
6:30am- 10Pm daily
Year Established:
2009
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Outdoor Seating:
25
# of Parking Spots:
100
Inside Sq. Ft.:
2,303
Outside Sq. Ft.:
400

Highlights

  • One of the highest traffic count centers in the city
  • Surrounded by office, commercial and several large employers
  • Easy access
  • lots of parking
  • beer and wine license
  • Place is in near new condition
  • Gorgeous Facility!

Financing

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

Demographics

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

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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