THE Business for Sale Marketplace

Note: Broker speaks Spanish - El corredor habla espanol!

With great views from the patio and the events room, this full bar and restaurant is located in a busy thoroughfare in San Diego. With a constantly growing clientele, the restaurant has been increasing its revenues and profits since it was bought by the present owners. A full kitchen serving a complete menu of popular Mexican dishes and appetizers, the full bar license allows meals to be served accompanied by popular margaritas and tequilas, as well as Mexican, American and other international beers. With seating for 120 people and opening hours covering lunch and dinner, complemented by the amazing views, this is a place that can easily be taken to another level. Customers of course concentrate on the lunch and dinner schedules, but walk-ins at other times keep the place busy throughout the day. The economic crisis has affected the business – in particular in 2009 – not so much in the dining and bar revenues, but in the events side of the business. With additional seating for 120 guests the events salon has seen its bookings reduced drastically with the onset of the financial crisis. As the owners are more adept in developing the restaurant/bar business, but have little experience in the events business, they have decided to sell the restaurant in the knowledge that an owner able at organizing the events business, will multiply its profit in this very attractive, high margin business. Every event booked means great profits, but few bookings mean the fixed costs get stretched. The condition of the facilities is excellent and the extensive kitchen equipment allows other cuisines to be easily introduced. Even though the décor is Mexican, conversion to another type is unproblematic. Take a look at this business, this is a good opportunity to really have an excellent and successful destination restaurant & bar and a great place for celebrations, parties or meeting