Cafe for Sale on Laurel Street in San Carlos

San Carlos, CA
San Mateo County

Asking Price: Annual Revenue:
$225,000 $651,649

Food & Beverage: Coffee, Cafe, Dessert

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RE: Cafe for Sale on Laurel Street in San Carlos Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $225,000
Annual Revenue: $651,649
Net Profit: Not Disclosed
Cash Flow: $132,846
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 398811533
Broker Reference #: 4087

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Business Overview:

Cafe for Sale on Laurel Street in San Carlos

RRC#: 4087
Asking Price: $225,000
Location: San Carlos, California
Annual Revenue: $651,649
Annual Cash Flow: $132,849
Monthly Rent: $5,225 All Inclusive
Expiration: 2023

Listing Description:
All day café on Laurel Street in San Carlos serving sweet and savory items. They have parklet with outdoor seating. This main downtown thoroughfare is a busy part of the Peninsula, and attracts vehicle and foot traffic seven days a week. Laurel Street features other cafes and restaurants, along with retail shopping. Such businesses include Peets, Starbucks, Town, Refuge and Nick the Greek. This business presents the opportunity to own a space in an outstanding location.

Currently, the location does not have a Type 1 hood, but installing one would be fairly straightforward if a new owner desired to do so: the landlord is amenable to installing a hood, and the building is one story, which would make the installation process relatively easy.

The numbers below represent the 2021 YTD and on an annualized basis. In 2019 the business did $525,965 in revenue and the cash flow was $100,599 and 2020 the revenue was $465,827 (down due to the pandemic and closures as a result).

A full equipment list is available upon request.

General Information:
Organization: Corporation
Year Established: 2013
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $54,304
Monthly Cash Flow: $11,070
Annual Revenue: $651,649
Annual Cash Flow: $132,849
Payroll: Contact for Info

Square Feet: 1,266
Seating: Contact for Info
Parking: Public Parking Lot and Street
Days/Hours of Operation: Contact for Info

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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.

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