Cozy Mexican Restaurant For Sale, 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 on more on the other side instead of the restaurant. Seller projected that if the new owner works as full time, it will generate at least additional $5,000 per month based on current Net Income.

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

No Vacancy in surrounding area.

Great Location, Short drive to La Jolla Beach .

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

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

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

"Happy hour is very well priced. Delicious coronaritas, we even had 2 rounds. Had shrimp TJ tacos, shredded beef TJ tacos and a surf and turf burrito and all of it was 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.  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