Restaurant / café
- Status: Available
- Price: $290,000


Anne Shay
- License No:
- DRE #02111828
- Email:
- anne@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 415-601-7776
Description
This is a Classic American Diner in a busy Shopping Center Anchored with major chain stores in San Mateo County, frequented by tourists and loyal local clienteles. The dinning room offers 9 x snuggly boots seating 4+, tables up front and 10 seats at the counter. Seating capacity 48. Owner claims gross income of $35,000 a month. Payroll of $4,500/m for 4 x P.T. employees on weekends. Owners are in 2nd year of a 5 years lease, with 1 x 5 years option to renew. Rent is $4,300/m for 5,000sqft. space. The Diner has been completely refurbished and renovated in 2014, with new fully equipped Kitchen, Grills, Fans, Freezers, Refrigerator, Dishwasher, new Tile Floors, and installed a new sewer lateral. The entire place is bright and very clean. Bathroom is ADA compliant.
They Serve Classic and Traditional American Breakfast and Lunch, Caters favorably to locals and tourists alike. Currently the Restaurant is only open for Breakfast and Lunch- with opportunity to expand to Dinner service. It is located in a busy Shopping, entertainment, and Business Center that features weekend community events and gatherings including Moves nights sponsored by the Mall’s Property Manager. Currently there is no other Restaurant in this shopping mall offering the classic diner menu and there is plenty of options to expand service and hours.
Business Information
Financial Information
- Annual Total:
- 420,000
- Revenue:
- Annual Net Income:
- Inventory:
- 6,000
- Monthly Payroll:
- 4,500/m
Lease Information
- Base Rent:
- 4,300
- Lease Expires:
- 2025
- Lease Option:
- 1 x 5 years option
- NNN:
- 970/m
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: