Business For Sale

Monday - Friday Deli/cafe, Low Rent

Not Disclosed, CA
San Mateo County


Asking Price: Annual Revenue:
$149,900 $478,476

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Monday - Friday Deli/cafe, Low Rent Broker: Steve Zimmerman

Quick Facts

Asking Price: $149,900
Annual Revenue: $478,476
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 537711533
Broker Reference #: 3083

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Business Overview:

Deli with self-service salad bar open for breakfast and lunch, Monday - Friday, 7 a.m. - 3 p.m. It is currently operated by a large chain that is well known in the Bay Area (however, name and menu are not included in sale). The deli is located in an office park with more than 11 office buildings nearby, including Stanford, Lucille Packard, eTrade, and others. Although there is a great opportunity for catering business in this location, the current owners have not capitalized on the full extent of this opportunity. The current owner is absentee, and a new owner/operator could leverage additional possibilities for growth. In addition to the listed square footage, there is additional outdoor, common area sitting. The public restrooms are managed by the building. The lease is very favorable to the tenant and the rent is low. Seller would consider owner financing. The kitchen is equipped with 20' type 1 hood, 2 wok station, 2 fryer, grill, 6 burner stove with oven, 2 door under counter refrigerator with prep station, walk in refrigerator, soup station, slicer, toaster, 3 door reach in refrigerator, 2 door reach in freezer, prep sink, 3 compartment sink. The bathroom is managed by the building. RRC#: 3083

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2013 | Current Owner: 2013 | Square Footage: 2,247 | Parking: Parking Lot | Licenses Required: Health and Business | Days Open/Hours: Monday - Friday 7am - 3pm | Reason For Sale: Other Interests.

FINANCIAL INFORMATION:
Yearly Revenues: $478,476

LEASE INFORMATION:
Monthly Rent: $2,605 | Lease Expiration: 2023 | Yearly Adjustment: Fixed Increases | Lease Option: 5 Year Option | Security Deposit: $2,932

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Additional Details:

  • The property is owned.
  • The owner is not 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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