Last Revised: 9/10/19. Posting #: 250522
Key Words: asian, japanese, sushi, bars, burlingame, san mateo
Financial Info: Price: $550,000. Down: $550,000. Adjusted Net: Call/Email. Annual Revenues: $1,200,000. Monthly Rent: $16,500 including CAM. Lease Expiration: 12/31/2021. Lease Option: 5 years.
Profile: Bbb#: 1527
Asking Price: $550,000
Location: Burlingame, San Mateo County, CA
Yearly Revenues: $1,200,000
Yearly Cash Flow: contact for info
Monthly Rent: $16,500 including CAM
This fully equipped sushi Japanese restaurant with ABC 47 full liquor license, is well located in a very desirable community, with constantly high pedestrian and motorist traffic in Burlingame downtown. The corner location, one of the best locations in Burlingame, is excellent with great street visibility. Beautiful patio is attached to main dining by sliding glass wall. The restaurant has a permit for using the building side seating with 16. Seating for 18 on patio. Main dining seating for 32, seating at bar for 22. 12' hood is installed. Basement is available for storage area and walk-in-cooler.
Organization: LLC | Years Established: 20+ years | Current Possession: 5 years | Seating: 32 in main dining, 16 at building side, 22 on bar counter | Square Footage: 2,500 sq. ft. | License Required: business, health, ABC 47 full liquor license | Days Open/Hours: 6 days lunch 11:30am - 2:30pm, dinner 5pm - 10pm, closed on Monday | Reason For Sale: other investments |
Yearly Revenues: $1,200,000
Monthly Rent: $16,500 including CAM | Lease Expiration: 12/31/2021 | Lease 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.
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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!
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Profile: Over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area, CA is very qualified to resolve all of your concerns during the liquor license transfer process.
Key Words: jim saxton, restaurant, restaurants, bar, bars, liquor license, liquor licenses, type 48, type 47
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