Unique Restaurant Specialized Menu In San Mateo For Sale

Business description

Unique Restaurant- Specialized Menu- $106k Profit- Great Location

RRC#: 1685
Asking Price: $160,000
Location: North Peninsula, San Mateo County, California
Yearly Revenue: $432,000
Yearly Cash Flow: $105,600
Monthly Rent: $3,075 all inclusive

LISTING DESCRIPTION:
This is a consistently profitable restaurant, well established with a strong community following. Specializing in a unique traditional menu, the business is a daily stop for its devoted clientele. The 45 seat restaurant has great visibility and easy access, and a casual, cozy interior with lots of natural light. Front of house set up includes a check out and server counter with storage, a POS system, credit card terminal,and an 8 camera security system with online capability. The compact and efficient kitchen is well equipped with a 17’ type 1 hood, d fire suppression system, 4’ grill, two double fryers, 6-burner saute station with 4-drawer fridge underneath, a 6’ stainless work surface over two ovens and microwave. Refrigeration includes a 2-door under counter freezer, 1- door and 2-door reach-in, a 1-door freezer and ice machine. A dry goods storage area is just off the kitchen. The entire restaurant is wheelchair accessible and has a single ADA restroom. The all inclusive monthly rent of $3,075 includes a $500 CAM charge which covers water and sewer charges for the restaurant. As the business is open 5 days per week, upside exists for a buyer by expanding to 7 days, along with adding beer and wine, to increase sales and the already substantial profit. This business opportunity is ideal for a single owner, a partnership, or as a family run operation.

GENERAL INFORMATION:
Organization: Other | Year Established: 1992 | Current Owner: 1992 | Seating: 45 | Square Footage: 1100 | Parking: Parking lot | Days Open/Hours: Tue-Sun 10a-10p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $432,000 | Yearly Cash Flow: $105,600 |

LEASE INFORMATION:
Monthly Rent: $3,075 all inclusive |

FINANCING INFORMATION: