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Business For Sale

Lifestyle Plus $120,000 Projected Income!

Baja California, CA, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$180,000
$295,000
Not Disclosed
$120,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
7
81871219

Business for Sale Overview:

Lifestyle Plus $120,000 Projected Income! $120,000 total projected income - $70,000 stated income from Italian restaurant & $50,000 projected discretionary earnings from taco shop for 5 months’ operations. 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 per month 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. Hurry! If Seller changes taco shop concept to sandwich shop – cost of change may be added to price upon proof of receipts by Seller. Full liquor license for Italian restaurant 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. Taco shop’s sales: $20,000 spring break; $14,000 May; $20,000-$22,000 per month for 3 months – summer. 4 years of operation for Italian restaurant and 1 year for taco shop. 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 regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Restaurant - 1,076 square feet; Taco Shop - 915 square feet.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.
 

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