Breakfast Lunch & Tea House Operation In San Mateo For Sale

Business description

Breakfast, Lunch & Tea House Operation- High Traffic Location- Alternate Concept Options

RRC#: 1689
Asking Price: $115,000
Location: Desirable Peninsula Locat, San Mateo County, California
Yearly Revenue: $186,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $1,700 all inclusive

LISTING DESCRIPTION:
Located in a high traffic area with mixed retail, business and office use, this successful operation would allow a buyer either to take over the existing concept, or revamp the premises and go in a new direction. The comfy dining area seats about 36 inside, can seat several tables outside, with a good view of the pedestrian traffic. A high counter with server station is adjacent to the large kitchen, which is partially visible from the dining area. A fully equipped kitchen includes an 8’ type 1 hood with fire suppression system, a 4-burner range with 3’ griddle and two ovens, convection oven, 2-door salad prep fridge, two microwaves, slicer, mixer and blender. Refrigeration also includes two 1-door freezers and a large walk-in cooler. Multiple stainless work tables, a large 2- compartment sink, wire rack shelving, rolling sheet pan rack, utility carts and grease trap complete the equipment on hand. There is a large storage area and rear delivery entrance just off the kitchen. The kitchen’s spacious prep area allows the owner to do catering, plus wholesale sales and delivery as part of the business. Included in this sale are the menu, recipes, business name and concept, which have been successfully associated with the business and premises location for many years. Given that the business operates for breakfast and lunch, a new operator could easily boost sales and profits by extending operating hours, and by complimenting the current concept with an expanded or altered menu.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1983 | Current Owner: 2004 | Seating: 36 inside, 4 outside | Square Footage: 1100 | Parking: Street | Licenses Required: Business, Beer & Wine License | Days Open/Hours: 7 Days 9a-3p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $186,000 |

LEASE INFORMATION:
Monthly Rent: $1,700 all inclusive | Lease Expiration: June 2014 | Yearly Adjustment: Negotiable | Lease Option: Negotiable |

FINANCING INFORMATION: