Fully Equipped Restaurant + Outdoor Seating

San Carlos, CA
San Mateo County


Asking Price: Annual Revenue:
$49,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fully Equipped Restaurant + Outdoor Seating Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $49,000
Annual Revenue: Not Disclosed
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 #: 977611533
Broker Reference #: 4135

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Business Overview:

Fully Equipped Restaurant + Outdoor Seating; formerly did $1.7 Million Sales, Short term 2 yr Lease

RRC#: 4135
Asking Price: $49,000
Location: 1754 Laurel Street, San Carlos
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: $3,905 approximately
Expiration: 4/30/2024

Listing Description:
The restaurant has a large glass frontage on popular Laurel Street in San Carlos and the restaurant is currently closed. There is a comfortable dining room, full kitchen and outdoor seating area which holds approximately 40.

Some of the equipment includes as follows: 8' type 1 hood with fire suppression system, 2 -3 full door glass refrigerators, 4 door under counter refrigerator + sandwich station, 2 Turbo convection ovens, 40 gallon steam kettle, hand sink, 1 door under counter heat unit, Henny Penny pressure fryer, 1 door under counter refrigerator, full door glass refrigerator, 3 full door refrigerator, 2 full door refrigerator and mop sink, Square POS with 1 terminal, 2 TV's, etc. There is also an ADA restroom for customers and an employee restroom.

Sales during Covid were as follows: 2020 - $1,282,450 and 2021 - $1,129,492 and pre-Covid approximately $1.7 million. The lease expires April 30, 2024 and it is doubtful that it can be extended and thus the inexpensive sales price.

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

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact For Info

Facilities:
Square Feet: 1,700 approximately
Seating: 30 inside + 40 outside
Parking: Street
Days/Hours of Operation: Contact for Info

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Property Features and Assets:

Square Feet: 1,700 approximately Seating: 30 inside + 40 outside Parking: Street Days/Hours of Operation: Contact for Info

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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