Popular, well established Mediterranean Restaurant

San Mateo, CA (San Mateo County)

Popular, well established Mediterranean Restaurant
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $850,000


FF&E: $65,000

Inventory: $5,000*

Established: 2014

*not included in asking price.

Popular, well established Mediterranean Restaurant

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Business Description

Established Corporate Catering with repeat monthly orders & clients

Fantastic opportunity to buy a turn-key, established restaurant with 4.5-4.8 rating on all ranking sites (Yelp, Google, Trip Advisor). Reason for selling- owner moved further away from business recently.
Located next door to Starbucks and Whole-foods, in the heart of the Bay Meadows residential and commercial development, neighboring Survey Monkey, Franklin Templeton, WeWork, Opentext, Roblox, Guidewire and Nueva High-school.
The restaurant has established corporate client catering customers from the neighboring businesses with customer list, strong marketing platform and templates.

Detailed Information

San Mateo, CA
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Restaurant branding, logo and website, were created with multi store solution in mind. Business plan included 3-4 stores within 8 years. The menu and set-up are easy to replicate to multiple stores to create higher exposure and lower operational costs overall.
Support & Training:
Owner is a chef and can offer support and training for 4-6 weeks after ownership transfer. Staff retention is high (3 years average) and talent will most likely prefer to stay and work.
Reason for Selling:
Owner relocation
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Business Listed By:
Mike Lewis

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Demographic Information


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