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Asking Price:	$275,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Retirement and other interests
Year Established:	2004
# of Employees:	7
Yearly Revenues:	$546,703
Yearly Cash Flow:	$89,065

Business for Sale Overview:

Location, location, location!! For a restaurant, it's all about the location. Located in Historic Old Town San Diego, this restaurant is a moneymaker, even in this recession. It is part of an exclusive and elite club of restaurants that are located in what may well be the best spot for a Mexican restaurant in all of Southern California. You simply cannot visit Old Town San Diego without eating at a Mexican restaurant. This full service restaurant with a 47-type liquor license offers traditional and original Mexican Food. The facility is approximately 3,600 square feet with two outdoor patios and an indoor dining room. The equipment is in top condition. An attractive lease and plenty of parking complement the many strengths this restaurant has to offer.

Property Features and Assets:

The restaurant is located in Old Town San Diego, the so called birth place of California. The area is reminiscent of California in the late 1800’s and early part of the 1900’s. Some of the buildings in the area date to that time and have been well maintained and preserved throughout the years. Old Town is San Diego’s #1 tourist attraction and enjoys visitors year round. It is centrally located less than 5 minutes from Downtown San Diego.

Market Competition and Expansion:

Current owner does not have a marketing plan in place. He relies mostly on tourists and foot traffic. According to owner, sales could increase even more if the proper advertising campaign is undertaken.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.