Last Revised: 9/9/19. Posting #: 250524
Key Words: fast food, japanese, asian, san mateo, absentee
Financial Info: Price: $175,000. Down: $175,000. Adjusted Net: Call / Email. Annual Revenues: $399,899. Rent: $2,250/month. Lease Expiration: 4/30/2020. Option: 5 Years.
Profile: BBB#: 1528
Asking Price: $175,000
Location: San Mateo, San Mateo County, CA
Yearly Revenues: $399,899
Yearly Cash Flow: Contact For Info
This well established Japanese restaurant in San Mateo is for sale. This is fast-food-style, open 5 days week (Closed on Sunday & Monday). The restaurant is operated as Owner Absentee and it runs itself and very stable. It's very easy to operate. The restaurant has ABC beer and wine license. Type 1 Hood (7') is installed.
Organization: LLC | Year Establishment: 13+ years | Current Possession: 1 & half years | Seating: 26 | Size: 1,000 sq. ft. | License Required: Business, Health, ABC 41 Beer & Wine License | Days Open/Hours: 5 Days 11am - 8pm, Closed on Sunday & Monday | Reason for sale: Other Investment |
Yearly Revenues: $399,899.20
Monthly Base Rent: $2,250 | Lease Expiration: 4/30/2020 | 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: 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
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
View All Related Resources & Advisors For This Posting
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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: 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
Profile: Conceivably, you have found out about “dependable guidelines” and “typical ratios” and assume that your business will be worth around what an organization of similar size in your particular industry or field is valued at. Tim Cunha, JD, located in the San Francisco Bay Area, discusses this topic.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county, valuation, business valuation, value, evaluations, market value
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
Key Words: business valuation, valuing a business, selling a business, sell a business john byrne
View Related Blog Posts For This Posting
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
Related Discussions For This Posting
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
Comments & Replies: 1 Topics: selling a business
Profile: In this BizBenNetwork discussion led by New York Business Broker Blair Sibley, BBN members and resources discuss the many factors that impact the length of time needed to successfully sell a small to mid-sized business and provide sellers with tips for preparing their business for sale.
Key Words: sell a business, selling a business, blair sibley
View All Discussions
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers