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Charles Smith

Smith Allen Group

License Number: 01389455

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National City, California

About the Company

Broker Biography

Areas Served

  • San Diego County, CA
  • Licensed In

    • California — License number 01389455

    Business For Sale Listings

    $317,000
    Cash Flow: $144,000 
    San Diego Co., CA 
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    Mexican Restaurant in North County San Diego

    A profitable full-service Mexican restaurant in North County San Diego, with more than twenty years of operating history in the same North County San Diego corridor and a loyal local following. The roughly 2,205-square-foot dining room seats 82 between the interior and a small patio, and runs on a team of about thirteen. Annual revenue has held near $960,000 across the last two reporting years, a stable base for a buyer stepping into an operating business rather than a turnaround. The business carries more than 850 Google reviews at a 4.6 average, a reputation the next owner inherits intact. The current owner runs the business hands-on and draws a full salary, which keeps the earnings clean and straightforward to underwrite.Upside for the Next Operator: The restaurant is currently closed Sundays and Mondays, so opening Sunday service alone is an immediate revenue lever a new owner can turn on without adding any infrastructure. 

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