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Business For Sale

RESTAURANT- 1105 SAN CARLOS AVE.- NO RENT INCREASE

Attn: Steve Zimmerman
San Carlos, CA, USA
Listing Number: "1253"
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Asking Price: $52,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other interests
Year Established: 2005
 

Business for Sale Overview:

Restaurant-1105 San Carlos Ave.-no Rent Increases-superb Equipment Included. Location: 1105 San Carlos Ave.; San Carlos, California. Offered at: $52,000 (NEW PRICE REDUCTION)


Property Features and Assets:

Listing Description: This highly desirable restaurant is located in downtown San Carlos at 1105 San Carlos Ave. and El Camino Real, across from the train station. The current owner runs a catering and nutrition research operation. The stucco finished two story brick building is in the early California Spanish style, featuring a wrought iron and a wood enclosed balcony, providing a covered area below, for outside seating adjacent to the tall, sliding glass windows. The sale includes a long list of equipment, a well planned kitchen, with an attractive interior suitable with high, exposed truss ceiling suitable for almost any imaginable food service concept. Formerly a Pizza restaurant, the equipment includes four double Alto- Sham heated holding cabinets, three humidified holding cabinets, insulated pizza transport cases, chafing dishes, huge supply of pizza pans and on and on and on. The seating and customer area, with ceramic tile floor, features a 14' long by 4 1/2' high counter with Corian Granite style top with a modern, hi-tech ribbed aluminum front. There are two exhibition kitchen areas, each with its own back-to- back type 1 hoods. The front area with an 8' hood includes a 4' gas brasier with hinged cover under its own separate 4 1/2' type 2 hood, two 6-burner ranges with ovens, two double deep fryers, two stacked convection ovens, two rice cookers, ice machine, slicer, and a 8' stainless work table opposite a walk-in fridge. The kitchen area behind has a 7' type 1 hood over a 4' char broiler and a 3' griddle. There are also a 3-compartment sink with rinse and a dishwasher, under a 14' stainless shelf, a 30 qt. mixer, a hand sink and several stainless work tables. There is a built-in mop sink in its own stall. The entire kitchen has white glazed tiles to 8' high and a custom poured composite floor surface. Two ADA restrooms are off a nearby common area hallway. Water & garbage are included in rent. Also included in the sale are 1-door, 2-door and 3-door freezers. This well equipped location has so much upside for prospective concepts and hours of operation. High vehicle and foot traffic, a centralized location, excellent demographics, commuter train station proximity and high visibility are as good as it gets!


Market Competition and Expansion:

General Information: Organization: Corporation; Year Established: 1/1/05; Current Owner: 1/1/05; # of Employees: Contact For Info; Seating: 30 Inside plus 15 Outside; Square Foot/Size: 1,400; Parking: Street; License Required: Business; Days Open/Hours: Not Applicable; Reason For Sale: Other interests. Financial Information: Revenue: Contact For Info; Cash Flow: Contact For Info; Current Inventory: Contact For Info; Payroll: Contact For Info. Lease Information: Lease Rent: $3,666 per month; Lease Expiration: 12/31/09; Yearly Adjustment: No Increases; Lease Option: 5 years; Security Deposit: Not Available.


Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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