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North County San Diego

  • Listing No.: 106-15059

  • Category: Food - Restaurant

Asking Price $89,000
Down Payment $89,000
Gross Revenue $328,000
Total Adjusted Net Income $0
Equipment/Fixtures $98,000
Year Established 2008
General Location North County San Diego
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Located in Inland North County, this restaurant has been operating for 10 years and the owner is now ready to retire.  Equipped with a 12 foot, A1 Hood System, Grease Trap, Walk In and Stand up Freezer along with many other pieces of equipment that are in excellent condition.  Currently operating as a Mexican restaurant, this can be converted into many different concepts.  This is a turn key operation in a strip mall with a major anchor tenant.

Gross Revenue $328,000 Listed Price $89,000
Total Income $0 Down Payment $89,000
Base Rent $0 Square Feet 1200
Total Rent $3,300 Lease Expiration 8/2018
Rent Deposit $3,000 Lease Options 1, 5 year option
Inventory $0 Leasehold Improvements $69,000
Equipment/ Fixtures $98,000 Other Assets
Full-Time Employees 2 Training Period 2 weeks
Part-Time Employees 5 Special License Required
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.