Established Fast Casual Restaurant, $281,236 SDE

San Mateo County, California (San Mateo)

  • Asking Price: $595,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209985
  • Established: 2003
  • Employees:

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).

Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: California
Metropolitan Area: San Mateo County
County: San Mateo

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $595,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Semi-Absentee & Retirement

Contact Business Seller

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Business Listed By:

Joan Young

Sunbelt San Jose