Established Burger Restaurant in Half Moon Bay

Half Moon Bay, CA
San Mateo County


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

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Burger Restaurant in Half Moon Bay 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 #: 729711533
Broker Reference #: 4325

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Business Overview:

Established Burger Restaurant in Half Moon Bay; Real Estate Included; SBA Pre Approved; $350,000 NET

RRC#: 4325
Asking Price: $2,200,000
Location: Half Moon Bay
Annual Revenue: $1,500,000
Annual Cash Flow: $350,000
Monthly Rent: Real Estate Included

Listing Description:
Half Moon Bay restaurant for sale, along with the real estate it sits on.
This coastal gem serves up high-quality burgers and other comfort food items. 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.

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 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 on Highway 1, and a short walk to 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 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

Facilities:
Square Feet: Contact for Info
Seating: 230
Parking: Parking Lot
Days/Hours of Operation: 11am - 8pm Wednesday - Saturday; 11am - 7pm 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: Contact for Info 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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