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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