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Newly built restaurant for sale in San Mateo

San Mateo, CA (San Mateo County)

Newly built restaurant for sale in San Mateo
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,900 /Month

Established: 2018

Newly built restaurant for sale in San Mateo

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Business Description

rNewly built restaurant with beer and wine license

Newly built restaurant for sale in San Mateo. Owner spent over $600,000 to build this restaurant and it is a great addition to this part of San Mateo. They serve simple yet innovative! slider sized burgers in a casual yet trendy environment with a bar. Nice patio with plenty of parking and close to highway 92. Monthly sales at $50,000 - $60,000 with absentee run owner. Some of the equipment included are walk in cooler and freezer, Type 1 hood, beer tap machine, innovative burger grill machine, ADA restroom and much more. Lease is $8900 all inclusive. If buyer decided to keep the Burgerim concept then the purchase price will be $395,000. If converted into another concept then the sales price will be $250,000

Detailed Information

Location:
San Mateo, CA
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Facilities:
Can convert
Reason for Selling:
has other interest
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(from currently available funds)
 
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Tommy Tran

Business Listed By:
Tommy Tran

RedC Realty

Show Phone Number

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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