Remodeled Restaurant/Bar in San Carlos

San Carlos, CA
San Mateo County


Asking Price: Annual Revenue:
$295,000 $795,324

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Remodeled Restaurant/Bar in San Carlos Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $295,000
Annual Revenue: $795,324
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 #: 691311533
Broker Reference #: 4220

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Business Overview:

Remodeled Restaurant/Bar on Popular San Carlos Street - Prime Location

RRC#: 4220
Asking Price: $295,000
Location: San Carlos, California
Annual Revenue: $795,324
Annual Cash Flow: Contact for Info
Monthly Rent: $12,843 + NNN
Expiration: 8/31/2028 plus (1) 5 year

Listing Description:
This beautifully remodeled restaurant which has over a $1 Million investment is on one of the most desirable streets in the peninsula. There is a large glass frontage and the dining room has an open airy feeling with a combination of tables and chairs and banquette seating, wood tile floors and attractive hanging light fixtures. In the dining room there is a display kitchen with a marble topped counter and 12 counter seats surrounding this area. There is an attractive bar area with a granite bar top, walnut shelving and 19 bar stools. There is also a full kitchen, prep area, dish washing area and storage areas. In the bar area there is a private dining room which can seat up to 20 overlooking a wine cellar. There is also an office and 2 ADA restrooms. There are new HVAC units with separate control systems, a multi zone surveillance system and alarm system . Some of the equipment includes as follows: 12' type 1 hood with fire suppression system, pasta cooker, 2 - 6 burner units over 2 ovens, 2- 2 door under counter refrigerators with sandwich stations, 3' char grill, double basket fryer, full door freezer, microwave, ice machine, walk-in refrigerator, pizza oven, 3 -3 compartment sinks (1 with rinse hose), 4 hand sinks, POS system, 2 group espresso machine, coffee grinder, 2 -2 glass door under counter refrigerators, ice bin, 2 -3 door under counter refrigerators (1 with 4 taps & 1 with sandwich station), 1 door under counter refrigerator.

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

Financial Information:
Monthly Revenue: $66,277
Monthly Cash Flow: Contact for Info
Annual Revenue: $795,324
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,600
Seating: 153 + 19 Bar Seats + Large Outdoor Seating Area
Parking: Street and parking lots
Days/Hours of Operation: 7 / S-Th: 11a-9p; F,SA: 11a-10p

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Property Features and Assets:

Square Feet: 3,600 Seating: 153 + 19 Bar Seats + Large Outdoor Seating Area Parking: Street and parking lots.

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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