Prime Burlingame Restaurant & Bar $2.1 Million Sales

Burlingame, CA (San Mateo County)

Prime Burlingame Restaurant & Bar $2.1 Million Sales

Asking Price:$379,000

Cash Flow:N/A

Gross Revenue:$2,136,000





Prime Burlingame Restaurant & Bar $2.1 Million Sales

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Business Description

Prime Burlingame Restaurant & Bar $2.1 Million Sales

Prime Burlingame Restaurant & Bar $2.1 Million Sales

RRC#: 2593
Asking Price: $379,000
Location: Burlingame, San Mateo County, California
Yearly Revenue: $2,136,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 23,373 all inclusive

This remodeled restaurant and bar has a large glass frontage and is attractively designed with a open airy dining room with banquette seats, bar height seating and tables and chairs as well as a separate bar area. There is a full kitchen, separate ADA restrooms, take out area and prep kitchen. Some of the equipment includes as follows: 15' two sided type 1 hood with fire suppression system, 2 stock pot burners, convection oven, 4' flat grill and 4' char grill over 4 under counter refrigerated drawers, salamander, 12 burners over 2 ovens, 2 -2 door under counter refrigerator (1 with sandwich station), food warmer, 3 - 3 door under counter refrigerators, pizza oven, 5 hand sinks, 2 ice bins, 4 - 2 door under counter glass refrigerator, coffee machine, 3 compartment sink, 2 group espresso machine, 2 coffee grinders, 2 door under counter refrigerator + 4 taps, ice machine, 4 half door freezer, 2 utility sinks, 2 Vitamixers, juicer, mop sink, floor model mixer walk-in refrigerator, etc. NAME AND MENU NOT INCLUDED WITH SALE.

Organization: LLC | Seating: 100 approx | Square Footage: 3,450 + outdoor seats | Parking: Street and parking lots | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 / 10a -8p | Reason For Sale: Other Interests |

Yearly Revenues: $2,136,000 |

Monthly Rent: 23,373 all inclusive | Lease Expiration: 6/30/2022 | Yearly Adjustment: Fixed yearly increases | Lease Option: 10 years |

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Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

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Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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