Business For Sale

Award Winning Fast Casual Restaurant, $1.2M Sales

Confidential, CA
San Mateo County


Asking Price: Annual Revenue:
$375,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Award Winning Fast Casual Restaurant, $1.2M Sales Broker: Joan Young
License #: 01229641

Quick Facts

Asking Price: $375,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 444738357
Broker Reference #: CAMPBCA001-N486

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Business Overview:

This highly awarded, neighborhood favorite restaurant averages over $140,000 in Seller Discretionary Earnings (Full time owner-operator model). It is known as the local favorite forhaving high quality fast-casual food in a great family environment. Average customer ratings range from 4 to 4.5 stars. This business has a Type 41 liquor (beer and wine) license. This business was started in 2013 on the San Mateo coast and has averaged over $1.2 Million in sales during the last three years. The landlord is amenable to executing a new lease with well qualified buyers (current lease option expires in 2021). Note that the owner is interested in selling to experienced full-time owner-operators only. The owner currently works 10 hours/week at this restaurant due to other business interests. Due to upcoming retirement plans they have priced the business at a great price and are not interested in considering seller financing. Well qualified, owner operators will need approximately $100,000 down payment (SBA). Offering price is $375,000 (plus inventory).

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Property Features and Assets:

Real Estate License ID: 01229641

Reason for Selling:

Semi-Absentee & Retirement

Additional Details:

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

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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