Established Fast Casual Restaurant, $281,236 SDE

San Mateo County, CA

Restaurant
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Asking Price: $595,000

Cash Flow: $281,236

Gross Revenue: $1,682,496

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2.15 /Month

Established: 2003

Established Fast Casual Restaurant, $281,236 SDE

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Business Description

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).

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,972
Lease Expiration:
N/A
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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Joan Young, CBI, CBB

Business Listed By:
Joan Young, DRE #01229641

Sunbelt Business Brokers, Greater Bay Area

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. 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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