RRC#: 5137
Asking Price:$395,000
Location: San Mateo County
Annual Revenue:$1,662,047
Monthly Rent: $18,781 (all inclusive)
Listing Description:
An outstanding opportunity to acquire a growing bistro located in a premier retail center on the Peninsula in San Mateo County. This turnkey restaurant has quickly established a loyal following by offering exceptional Italian and French cuisine in a welcoming neighborhood setting.
The sale includes the business, all equipment, long-term lease and goodwill-making it ideal for a buyer who wants to continue and expand upon a proven, popular concept. The restaurant is also licensed with a Type 47 full liquor license. A key advantage is the restaurant's exclusive right within the center to serve both Italian and French cuisine, including pizza, eliminating direct competition for these highly sought-after offerings.
The space features a comfortable indoor dining room and a large outdoor patio, which can be enclosed for year-round use. Recently upgraded, the restaurant presents a modern, attractive look. Situated in a lively strip center that serves affluent residential neighborhoods, the restaurant benefits from steady customer traffic and excellent visibility. This area is among the most affluent in the Bay Area and attracts a clientele of professionals, families, and executives who appreciate high-quality dining close to home. In addition, the center enjoys consistent foot traffic from shoppers and visitors to nearby recreational destinations.
Ad#:2434815
