La Mesa Brand New Mexican Restaurant Facility For Sale

Business description

SellingRestaurants gives you this great opportunity to take over a near new, turn key Mexican food restaurant. The owner has taken care of all the hard work, now you can simply come run the place and build sales at this location with huge potential. The owner has chosen to pursue other business interest and is not able to spend the time in this restaurant necessary to maximize its potential.

This is all new construction inside with all of the proper permitting having been done each step of the way. The open style kitchen was designed by local professionals and showcases this super clean location. All equipment was purchased and installed brand new in late 2008. With both inside and outside dining areas customers have their choice of comfortable space to enjoy their meals.
Located on a major thoroughfare they have a huge surrounding residential and commercial base of customers. It has easy access and plenty of parking for the impulse traffic just driving by. This end cap corner location has lots of windows and a very nice fenced patio area that attracts passers by as well.
The lease is below market and doesn’t expire until April of 2013 with two three year options available. Monthly base rent is $1782 and NNN is $425 bringing total rent to only $2207 per month for this nearly 1500 square foot space.
If you are looking for a ready to go Mexican food shop at build out cost, where an owner operator can come in and make a huge impact on sales and profitability then this is your place.

Property information

Real Estate:

Lease

Lease terms:

expires April 30 2013 plus two 3 year options

Leasehold rent:

$1,782 per annum

Size in square feet:

1,100

Other information

Trading hours:

Daily 10 am-9 pm

Financing available:

Seller carry back 30%