Asset Sale Description

Business Sale Description

Established open seating restaurant opportunity situated in the heart of San Carlos downtown, close to Lourel St and train station. This turnkey operation is located in a prime "move-in ready" facility along restaruant row, serving the affluent residential community and the heavy weekend tourism traffic of this historic trade area.

Location & Market Position

Strategically positioned in the bustling downtown corridor, this site benefits from substantial foot traffic and its proximity to major regional landmarks, including the nearby train station and condo, Park, and weekend Farmer's Market. The location serves as a central hub for local families, school crowds, and destination diners alike.

Facility Infrastructure

• Efficient operational space optimized for high-volume takeout and dine-in operations.

• Primary Type 1 hood: 16 Feet in place for specialty cooking and bar cocktail production. Also, equipped with walk-in refrigeration.

• Additional Storage: Includes a dedicated mezzanine room/storage area for office, providing extra operational flexibility.

*Size: 2,400sf+/-, (includes mezzanine space)

• Turnkey operation ready for immediate transition; , basic equipment training, and operational know-how.

• Asset Sale Option: Equipment and infrastructure inclusive separately for concept modification.

Financial Structure

• Monthly Rent: $6,500 + nnn

• Lease term: New long-term lease available; 5 Years + 5-Year option to extend, per landlord approval.

• Total Asking Price: $299,000 obo

Buyer/Tenant Opportunity

This hidden gem offers qualified buyers an established customer base in one of the most prestigious shopping districts on the Peninsula. The combination of reasonable gross rent, a fresh long-term lease, and a fully built-out kitchen with hood infrastructure positions this acquisition for sustained profitability within San Carlos’s high-growth marketplace. (Pictures depicted in the advertisement may not be the exact type of business concept for sale, it is solely for reference purposes.)