Cozy Mexican Restaurant For Sale in SD

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Background

BizEx ID:BizEx1282-BJ
General Location:San Diego, CA
Category: Restaurant
Bars/Taverns
Years in Business:
Under Present Owner:
Hours of Operation:Mon to Sunday
Owner Hours:9am - 9pm
Training:None
Organization Type:LLC
Lease Expiration:
Lease Options:
Building Size:
Employees:3
Reason for Sale:Other opportunities

Financials

Asking Price:$59,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:
Inventory Included?Yes
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,000

Pictures


Description

Cozy Profitable Restaurant in San Diego. Currently under Absentee ownership, so seller needs to focus more on the other side instead of the restaurant. Seller projected that if the new owner works full time, it will generate at least an additional $5,000 per month based on current Net Income.

All Equipment is included, Beer & Wine license, very busy to-go business and dine-in business.

No Vacancy in the surrounding area.

Great Location!!!

The owner also states that it got approved plans from the health department, building department, and fire department. Also, it has passed ADA regulations from internal to the exterior. 

 Excellent Yelp review about food quality, price, and hospitality service:

Food is of high quality and priced Right. I highly recommend the surf and turf burrito and the michelada 

"Happy hour is very well priced. Delicious coronaries, we even had 2 rounds. Had shrimp TJ tacos, shredded beef TJ tacos and a surf and turf burrito and all of it were so fresh and flavorful. Not to mention the amount of shrimp in my surf and turf burrito was plentiful, I did not have to search for it like most other taco shops! Thanks for the wonderful service, Maria! My family will definitely be regulars :)" "Have been twice now.  The first time I had a surf and turf burrito, the carne asada was delicious and obviously high quality.  I am absolutely in love with the street corn!!!"

 

 


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Betty Jong
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 161
Direct: 310-882-2200 X161
Lic#: 01916702

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations