Bay Area Burger Restaurant with Real Estate

Not Disclosed, CA
San Mateo County

Cose to Highway 1, and a short drive from the be

Asking Price: Annual Revenue:
$2,200,000 $1,500,000

Commercial Real Estate: Retail & Shopping Centers

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RE: Bay Area Burger Restaurant with Real Estate Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 447711533
Broker Reference #: 4262

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Business Overview:

Bay Area Burger Restaurant with Real Estate; SBA Pre Approved; $350,000+ Net Profit

RRC#: 4262
Asking Price: $2,200,000
Location: San Mateo County, California
Annual Revenue: $1,500,000+
Annual Cash Flow: $350,000+
Real Estate Included

Listing Description:
Bay Area Burger restaurant near the coast for sale, along with the real estate it sits on. This business and its real estate have been pre-approved for an SBA loan. This means a buyer would need to put as little as 10% down on the property portion of the purchase, and 15% down on the business portion. The SBA would approve a qualified buyer for a 25-year loan.

This coastal gem serves up high-quality burgers and other comfort food items, with ingredients sourced from local purveyors. All food is made in-house, and the original recipes are included in the sale. The menu has earned excellent reviews and mentions in many lists of restaurants to try in the Bay Area. The beverages on offer include non-alcoholic options, and craft beer and wine.

The restaurant features multiple sections of outdoor dining space, including a covered area which has 100 seats and outdoor area with another 130 seats. There are two parking lots. The total size of the property for sale is 0.26 acres. The building itself is of newer construction and is less than 20 years old.

Since its establishment in 2015, the restaurant has earned and maintained an outstanding reputation, and the revenue and profits have grown each year since its opening. Currently, the business is open five days per week. A new owner could increase revenue and profit by expanding to seven days a week, or adding a breakfast menu and opening earlier.

The restaurant is close to Highway 1, and a short drive from the beach. It has become a popular destination for locals and visitors alike. Local tourism is at an all-time high, and the influx of visitors to the coast has augmented this restaurant’s popularity.

The real estate market in this area is booming, with housing prices up 30.9% over last year. As the desire for coastal land increases as more people move to the coast, owning the real estate your business sits on becomes more and more advantageous. Average household income within a 5-mile radius of the business is $172,299.

The restaurant is equipped with top-of-the-line, well-maintained equipment including a Montague range, a CaptiveAir hood venting system, and True refrigerators. All equipment is owned, not leased. Full equipment list available upon request.

For more information and to receive a full marketing package and financial details, please request an NDA below.

General Information:
Organization: Corporation
Year Established: 2015
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $125,000+
Monthly Cash Flow: $29,000+
Annual Revenue: $1,500,000+
Annual Cash Flow: $350,000+
Annual Payroll: $ Contact for Info

Square Feet: 11,761
Seating: 230
Parking: Parking Lot
Days/Hours of Operation: Contact for Info

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 11,761 Seating: 230 Parking: Parking Lot

Reason for Selling:

Other Interests.

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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