$85,000.00
Asking Price
Address: San Mateo,
Status: Active
Posting ID: 281502
1/7/25
Description
This attractive Breakfast/lunch Café located on the first floor in one of the office buildings in San Mateo’s commercial hub serves employees and guests at a short term stay hotel in the vicinity. Exceptionally low operating cost. Recently remodeled, new FF & E. Turnkey. Free ample parking. An excellent work/life business opportunity - short hours, open 5 days a week. Asking Price @ $85,000
The café is about 1,000sq. ft. and seats about 10 inside. Additionally, the outside seating area is available to customers who prefer to eat outside and enjoy the beautiful outdoors.
Ownership serves a menu of delicious freshly made breakfast and lunch items including specialty coffee beverages and drinks to its ready customers.
Though there is no hood, with the menu being all fresh, it is not needed.
The café was recently remodeled and provides a positive ‘café’ experience to its customers – a vibrant, inviting friendly café spot to meet up with friends/colleagues.
Owner manages the business totally absentee with 2 PT employees
Investment Highlights
Low Operating costs with exceptional lease terms: $1000/month for1,000sq.ft.
- Janitorial/Cleaning/Maintenance included. Owner is responsible only for the table top cleaning and wi-fi.
- Water, Electricity Utilities included in the monthly rent.
- Internet service fees are excluded.
Excellent work/life balance business opportunity - Short Hours: 9.30 am -1.30pm, Monday to Thursday.
Ability to open additional days and hours if desired – e.g. Mon to Fri from 8am to 4pm
Turnkey - Upside potential
- Excellent location inside a well-known commercial hub in San Mateo
- Low overheads and operational expenses, no NNN
- Recently remodeled in 2021 with new F F & E, nice ambiance, exceptionally clean and well maintained
- User-friendly website with convenient easy to use interface features
- You Tube videos of menu showcasing the attractive delicious menu items for customers to view and select
- Captive customer base.
- Proximity to Long term stay hotel without dining facilities located steps away offers opportunities for collaboration to expand sales and net profit
- Maximize on catering opportunities for breakfast meetings of tenants in the commercial hub
Competition: There are no cafés/restaurants within the campus facility or close by.
The ideal buyer could be a husband-and-wife team looking for a business opportunity with good work/life balance that is compatible with their lifestyle.
OR, a person with an entrepreneurial mind looking for a café location,
OR an entrepreneur with experience in the food retail/restaurant/café business looking to expand to this location.
Compared to building up a café from ground zero, the acquisition of this turnkey Café – established with the goodwill of regular customers that is turnkey with excellent lease terms, exceptionally low overheads from Day 1 would make a lot of sense financially for an astute and ready buyer.
Support/Training: Owner will provide training for a seamless transition
Reason for selling: Other business interests
Key Information
Price Lease
Asking Price $85,000
Rent $1,000/mth(no NNN), Utilities and janitorial paid by landlord
Furniture/fixtures/equipment Included
Expiration May. 2026
Training(included) 2 weeks – 20hrs/week-remote training on zoom/phone
Operation:
Employees 2 PT
Owners 1-absentee
Opening Hours:(Current) Mon-Thur 9.30am to 1.30pm
Facility size 1000 sq. ft.
Business Established 2003 Type Retail,
DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors of this information.
To get more information about this Cafe - Short Hours, Near High Tech Companies business for sale in San Francisco Bay Area please phone Soo Kong Lim (Broker - BRE License #:017784483) at 408-828-9784 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281502 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this Cafe - Short Hours, Near High Tech Companies, to ask any questions or request an appointment to see this business for sale. Thank you. License # 017784483. Intero Real Estate Inc..
Contact
Details
Asking Price: $85,000.00
Down: $85,000.00
Cash Flow: N/A
Revenue: N/A
Area: San Francisco Bay Area
City: San Mateo
Attributes:
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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