Esto es lo que hay

Esto es lo que hay
 

Es como decir, no tenemos otra opción, lo tomas o lo dejas.
English?

This is it.
That's it.

This is all there is.
That's all there is.
That's all folks.

Take it or leave it.
It's Hobson's choice.

I've never heard that last phrase, pjt33. British?

Probably. It comes from a guy called Hobson who ran a stable in Cambridge. His policy was that you could hire the horse nearest the door, and if you didn't like it then tough.