Last Revised: 9/9/19. Posting #: 249828
Key Words: hamburger, cafe, san mateo
Financial Info: Price: $160,000. Down: $160,000. Adjusted Net: $79,514. Annual Revenues: $287,950. Estimated Monthly Averaged Revenues in First Half Year: $23,995/month. Estimated Monthly Averaged Cash Flow in First Half Year: $6,626/month. Monthly Rent: $4,774/month. NNN: $2,200/month. Lease Expiration: 2022.
Profile: BBB#: 1525
Asking Price: $160,000
Location: San Mateo, San Mateo County, CA
Estimated Monthly Averaged Revenues in First Half Year: $23,995/month
Estimated Monthly Averaged Cash Flow in First Half Year: $6,626/month
Monthly Rent: $4,774/month
This fully equipped Burger restaurant is well located in a very desirable community, with constantly high pedestrian and motorist traffic. This is in San Mateo Downtown.
Type 1 Hood (11 Feet), Type 2 Hood (9 Feet), 4 Fryers, 1 Grill, Freezer w/ Top-Door, Toaster, Warmer, Soup Warmer, Sandwich Table w/ 3-doors, 2 ADA compliance restrooms, 3-Compartment-Sink, Mop Sink, Hand Sink, Prep Sink, Walk-in-Cooler, Walk-in-Cooler, Meat Slicer, Grease Trap.
Organization: Sole Owner | Establishment: 10 Years | Current Owner: 2 Years | Seating: Under 49 | Square Footage: 1,750 | Parking: Private Lots | License Required: Business, Health | Days Open/Hours: 5 Days, 11:30am - 8pm, (Closed on Mon & Tue) | Reason For Sale: Other Investment |
Monthly Rent: $4,774 | NNN: $2,200 | Lease Expiration: 2022 | Option: 5 Years |
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Profile: J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years.
Key Words: jeff back, j. back & associates - restaurant sales, restaurant, restaurant broker, fast food, hamburger, bar, quick service restaurant, pizza, gastro pub, pub, thai, mexican, hayward, alameda, san ramon, constra costa, san jose, santa clara, oakland, dublin, lafayette
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Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Profile: William Bruce, National Business Broker/Intermediary and Valuation Expert from Alabama, explains three important issues that arise when buying or selling a small business of any kind. These issues for business buyers and business owner/sellers include confidentiality, valuation, and financing.
Key Words: buying a business, buy a business, selling a business, sell a business, confidentiality, valuing a business, business valuation, financing, sba loans, loans, business purchase financing, 401k, william bruce
Profile: It is crucial to have buyers interested in purchasing a business sign a non-disclosure agreement before releasing any information to them about the business for sale. BizBenNetwork Senior Manager Jordan Green shares tips for qualifying buyers and implementing a successful non-disclosure agreement.
Key Words: nda, non-disclosure agreement, confidentiality agreement, non disclosure, non disclosure agreements, confidentiality, confidential information, buyer profile, business buyer, prospective buyer, buyer prospect, liability, legal issue, legal, jordan green
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Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
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Comments & Replies: 1 Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
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Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
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