Business Sale Description

Established Quick serve cafe opportunity Downtown San Mateo with heavy foot traffic and mix of restaurants, shopping retail and close to the movie theater. This turnkey operation has maintained continuous operations for many years , serving the San Mateo City's residential, business and commuter demographics alike.

Location & Market Position:

Strategically positioned in city downtown bustling trade area corridor, close to the library, accessible to Caltrain commuters and benefiting from substantial foot traffic and movie theater with a variety of restaurants and bars. The city's ongoing redevelopment initiative creating a busy retail and resident anchor destination. The market demonstrates exceptional traffic and targeted market with student population and residents nearby.

Facility Infrastructure:

• 900 square feet of operational space accommodating 20+ guests.

• Fully-equipped commercial cold kitchen with complete contemporary design and buildout infrastructure.

• Turnkey operation ready for immediate transition or concept modification

Financial Structure:

• Monthly rent: $5,350 ( which amount includes water, electricity, sewer, and property tax)

• Lease term: through 08/31/2027 remaining,

*Option : Per landlord extension or new lease.

Buyer/Tenant providing operational stability

• Asking price: $188,000 obo

This opportunity offers qualified buyers an established customer base in a high-growth downtown San Mateo City prime location. The seller's strategic downsizing creates an exceptional acquisition opportunity for operators seeking either continuation of the existing quick serve cuisine concept or coffee, tea and beverage concept, to implementation of alternative restaurant concepts within the proven location.

The combination of established operations, prime city college anchor positioning, and reasonable lease terms positions this acquisition for sustained profitability within city's expanding new developing marketplace. (Pictures depicted in the advertisement may not be the exact type of business concept for sale, it is solely for reference purposes.