Business Overview:
Fully Equipped Restaurant in Busy Foster City Town Center
RRC#: 4308
Asking Price: $135,000
Location: Foster City
Annual Revenue: $493,652
Annual Cash Flow: Contact for Info
Monthly Rent: $8,239 + CAM and NNN
Expiration: December 2022 plus 5 Year Option
Listing Description:
Well-appointed, modern restaurant for sale in Foster City. The concept is not included in the sale. Currently, the restaurant features an Indian concept, but the space is well suited for a variety of alternatives. Foster City is an affluent area with a high household income. A strong concept could do very well with both dine-in and delivery/pickup business in this area.
The inside of the restaurant space seats 30, and the outdoor area seats 16. The kitchen has a type 1 hood for open flame cooking.
General Information:
Organization: None
Year Established: 2016
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $41,137
Monthly Cash Flow: Contact for Info
Annual Revenue: $493,652
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
Facilities:
Square Feet: 1,800
Seating: Contact For Info
Parking: Parking Lot
Days/Hours of Operation: 11am - 2:30pm and 5pm - 9:30pm Daily
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Property Features and Assets:
Square Feet: 1,800;
Seating: Contact For Info;
Parking: Parking Lot.
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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