Description
Prime Peninsula Restaurant With Full Bar & Enclosed Patio
RRC#: 5181
Asking Price: $369,000
Location: San Mateo County
Annual Revenue:$ 1,662,047
Annual Cash Flow: Contact for Info
Monthly Rent: $18,781 (all in)
Listing Description:
An exceptional opportunity to acquire a turnkey restaurant and bar located in a premier retail center in San Mateo County. Situated in an affluent Peninsula trade area and surrounded by high-income residential neighborhoods, this operation benefits from steady customer traffic, strong visibility, and convenient access for both locals and visitors. The space features a recently remodeled dining room, a full Type 47 liquor license, and a large outdoor patio that can be enclosed for year-round service.
The concept has been operating just over a year and is already demonstrating month-over-month growth. A new owner may continue the current model or introduce their own concept into a thriving center with strong daily business and attractive demographics. The long-term lease is assignable at the current terms, providing stability and flexibility for future operations. Additionally, the property holds exclusive rights within the center for specific cuisine categories, creating a strategic competitive edge and room for further expansion.
This offering is ideal for an experienced operator seeking a highly desirable Peninsula location with high disposable income and a consistent demand for elevated neighborhood dining.
To get more information about this Prime Peninsula Restaurant With Full Bar & Enclosed Patio business for sale in San Mateo, California please contact Steve Zimmerman (Broker - BRE License #:01310250) at inquiry@restaurantrealty.com