This closed restaurant was formerly a Mexican Restaurant. It's turnkey and ready for a creative operator interested in serving breakfast, lunch, and dinner within the hotel restaurant. The restaurant benefits from a highly visible, central Point Loma location on Nimitz at Rosecrans with fantastic signage, large patio, and abundant on site parking! There is an opportunity for an operator to enter into a room service contract with the hotel. There is a separate bar on the premises operated by the owner of the hotel with no food service but the hotel restaurant may pursue a beer and wine license if desired. The Consulate Hotel is scheduled to undergo a cosmetic makeover making this terrific opportunity a destination location for hotel and restaurant patrons. The restaurant benefits from two large back to back kitchens affording an operator to operate two restaurants within one restaurant or provide a separate catering kitchen with a sublease opportunity with landlord consent. A partial list of the furniture, fixtures, and equipment follow: 8'x8' walk in frig; (2) deep fryers; Hood; (2) flat cook range; 6 burner gas range; steel flat table; deep freezer with top opening; (2) 8'x8'x10' dry goods storage; flat range; range-hood; (4) burner gas range; (5) bar stools; (25) cushioned chairs; (8) booths; soda dispenser; (3) soda dispensers; (3) coffee makers; glass door frig; sliding glass door frig; (3) steel racks; misc. pots, pans, and utensils. The landlord and seller of the former hotel restaurant will enter into a new lease at mutually acceptable terms with a qualified operator with a strong financial statement, resume, and business plan. Inspection by appointment only and execution of NDA. Please do not disturb. hotel employees.

General Info

  • OrganizationCorporation
  • EstablishedNA
  • Current OwnerNA
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet3000
  • ParkingAbundant on site.
  • LicensesCity business and County Health permits.
  • Open HoursTBD

Lease

  • RentNegotiable
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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