Highly Profitable Bay Area Coastal Fast-Casual

Not Disclosed, CA
San Mateo County

Coastal San Mateo County


Asking Price: Annual Revenue:
$2,200,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable Bay Area Coastal Fast-Casual Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $2,200,000
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: 2015
Employees: Not Disclosed
BBN Listing #: 821511533
Broker Reference #: 4133

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Business Overview:

Highly Profitable Bay Area Coastal Fast-Casual Turnkey Restaurant with Real Estate; SBA Pre Approved

RRC#: 4133
Asking Price: $2,200,000
Location: Coastal San Mateo County
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info

Listing Description:
Bay Area fast-casual restaurant near the coast for sale, along with the real estate it sits on. This business and its real estate has been pre-approved for an SBA loan, and the SBA would approve a qualified buyer for a 25-year loan.

This coastal gem of a restaurant serves high-quality comfort food, 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.

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, it is open five days per week. A new owner could increase revenue and profit by expanding the days/hours of operation.

The restaurant is right off of 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. Roughly 30,000 drive-by the business location daily.

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, and yearly spending on food in the area totals $104,968,810.

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 was constructed in 2007.

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. You can also email patrick@restaurantrealty.com.

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

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact For Info

Facilities:
Square Feet: 11,761
Seating: 230
Parking: Parking Lot
Days/Hours of Operation: 11am - 7pm Wednesday - Sunday

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.

Relevant Links:

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