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Business For Sale

Breakfast, Lunch & Tea House Operation

San Mateo, CA

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$115,000
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
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0
662611533

Business Overview:

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Organization: Corporation; Year Established: 1983; Current Owner: 2004; Seating: 36 inside, 4 outside; Square Footage: 1,100; Parking: Street; Licenses Required: Business, Beer & Wine License; Days Open/Hours: 7 Days 9a-3p. FINANCIAL INFORMATION: Yearly Revenues: $186,000. LEASE INFORMATION: Monthly Rent: $1,700 all inclusive; Lease Expiration: June 2014; Yearly Adjustment: Negotiable; Lease Option: Negotiable. Location: Desirable Peninsula Locat, San Mateo County, California; Yearly Revenue: $186,000; Yearly Cash Flow: Contact For Info; Monthly Rent: $1,700 all inclusive; RRC#: 1689

Reason for Selling:

Other Interest

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: