Rosarito Beach Italian Restaurant For Sale

Business description

LIFESTYLE!

• You don’t have to go surfing at Rosarito Beach every morning – but the beach is one block away, and the restaurant does not open until 1 pm.

• You don’t have to drink beer and eat pizza every afternoon – but it is available at the restaurant (plus more gourmet items).

• You don’t have to take a siesta or nap every afternoon – but there is an owner’s private studio apartment on the premises – with bed & shower.

• You don’t have to save money by cutting out the cost of a private residence near the restaurant – but: note owner’s private studio apartment mentioned above. This saves $200-250/mo. rent.

• You don’t have to do business on a cash only basis – but Seller does not currently accept credit cards and all operations are on an all cash basis.

• Can rent upstairs for parties / catering (subject to availability) for $400 per day – 3 areas – room for 700 people. Very close to major hotel – for guests to stay overnight or for conferences.

• Full liquor license is same license as Landlord’s; fee is included in rent; regulations are strictly enforced in Mexico – 18 is the minimum age; a violation is a default in the lease. Since liquor license is in rent, Landlord manages compliance, and all beer products must be Tecate Company (note: Budweiser is Tecate). There is a Tecate owned cooler on premise.

• 4 years of operation for Italian restaurant. No formal financials, in accord with separate explanation & certification letter from Owner / Seller.

• According to owner: anyone with business know-how can never find an opportunity like this. Can extend years on lease.

• 20 minutes from San Diego border to restaurant on toll road. “No competition” per owner. Has reputation.

• CONFIDENTIAL: Please keep sale confidential from employees.

For more information, please contact Joe Gertz.

Property information

Real Estate:

Lease

Lease terms:

1,076 sq. ft.
Rent = $1,300/month

Other information

Support & training:

Seller will provide training for 2 weeks at 32 @ hours/week.

Reasons for selling:

Family needs.

Trading hours:

1 - 10pm

Inventory / Stock value:

$2,000