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Established Fast Casual Restaurant For Sale

San Mateo County, California - North
Asking Price:
$595,000 (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This highly awarded, neighborhood favorite restaurant has generated over $281,000 in Seller Discretionary Earnings (SDE–3-year weighted average). Annual sales growth to over $1,680,000 in 2017. This well-established, 15 year-old business is known as the local favorite for high quality food with a great family environment.
The passionate owner has built this fast-casual specialty restaurant for the last 15 years and has enjoyed good revenue and income growth. An attractive long-term lease thru 2028 is in place. Well qualified, owner operators will need approximately $150,000 down payment (SBA).
Due to upcoming retirement plans they have priced the business at a great price and are not interested in considering seller financing.
Note: The seller is interested in selling to experienced owner-operators only.
Offering price is $595,000 (plus inventory).

Property information

Real Estate:

Lease

Premises Details:

N/A

Business Operation

Reasons for selling:

Semi-Absentee & Retirement

Trading hours:

Days: Mon - Sun

Years established:
16

Other Information

Financing available:

SBA Pre-Approved for a qualified buyer

Contact Information

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