Highly coveted Burlingame Avenue Location

Burlingame, CA
San Mateo County


Asking Price: Annual Revenue:
$99,900 $630,785

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly coveted Burlingame Avenue Location Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $99,900
Annual Revenue: $630,785
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 453511533
Broker Reference #: 4108

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Business Overview:

Highly coveted Burlingame Avenue Location

RRC#: 4108
Asking Price: $99,900
Location: Burlingame
Annual Revenue: $630,785
Annual Cash Flow: Contact For Info
Monthly Rent: $6,888
Expiration: 2026

Listing Description:
Business that is currently a Boba concept for sale on bustling, affluent Burlingame Avenue. The shop is surrounded by high-end retail, cafes, and restaurants. It is close to the train station, and there are schools nearby.

The business concept is not included in the sale, so a new owner could take over with their own Boba concept, or bring another quick-serve concept to the space. Currently, the business is 100% absentee run. The space is newly renovated, and the equipment, fixtures, and furniture have been recently upgraded – including electrical and plumbing. A full equipment list can be provided upon request. The sales information below represents the last full year of 2020. There is currently no type 1 hood.

General Information:
Organization: LLC
Year Established: 2019
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $52,565
Monthly Cash Flow: Contact For Info
Annual Revenue: $630,785
Annual Cash Flow: Contact For Info
Payroll: Contact For Info

Facilities:
Square Feet: 785
Seating: 12+ Inside
Parking: Metered Street and Public Parking Lot
Days/Hours of Operation: 12pm - 8pm Daily

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Property Features and Assets:

Square Feet: 785 Seating: 12+ Inside Parking: Metered Street and Public Parking Lot

Reason for Selling:

Other Interests

Additional Details:

  • The property is leased.
  • 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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