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For Sale: Bar, Restaurant - San Mateo County


Current Status: Active     Posting #: 264688     Last Refreshed: 3/17/21    
Contact: Steve Zimmerman At 888-995-9701  -  Also Email This Contact Below
Asking Price:  $625,000     Down Payment:  Call / Email     Annual SDC:  $298,192     Annual Gross:  $3,392,525    
Attributes:  Training & Support
Peninsula Tavern With Beer Garden Outdoor Seating Of 120; $3.3 Million In Sales And $298,000 Profit

RRC#: 3810
Asking Price: Offered At $625,000
Location: San Mateo County
Annual Revenue: $3,392,525
Annual Cash Flow: $298,192
Monthly Rent: $18,517 + CAM

Listing Description:
This one-of-a-kind mid-peninsula tavern with an ABC Type 47 Full Liquor License has many strong points, including its ample, gorgeous outdoor space. The outdoor beer garden can accommodate 120, and is situated over a creek-like water feature with waterfalls and adjacent to lush green space. It's a beautiful seating area under any circumstances, but is a particularly attractive feature of the business in pandemic conditions. The indoor seating area is also spacious and attractive. It was remodeled in 2016, at a cost of over $1 million, and the design features great natural light, beautiful hardwood floors, elegant tile, cozy gas fireplace and a wraparound bar. It also has new plumbing and electricity, a new HVAC unit, and brought up to current building codes. In addition to the outdoor space and the main dining area, there is a separate private dining room that can host up to 60 for a cocktail party/34 for a sit-down meal. The entire space has been rented out as event venue or just the outdoor space. There are endless event possibilities. Parking lot is abundant. The tavern is located in an area with a high household income, where the locals like to frequent the local businesses and watering holes. Currently, the menu features contemporary California comfort food, 24 beers on tap, and a craft cocktail program. It is known as a trendy gastropub that serves delicious drinks and tasty grub. The sales over the past three years have a steady upward trend with increases year over year. 2017 sales = $3,172,818. 2018 sales = $3,251,101. 2019 sales = $3,392,525. The current lease runs through 2031 and has a 5-year option, with 3% fixed increases throughout the initial term and the option period. The landlord will consider adding pandemic-related protections into the lease for the right buyer. The restaurant is fully furnished and kitchen is fully equipped and an equipment list is available upon request.

General Information:
Established: 2016
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Square Feet: 5036 Inside + 3696 Outside
Seating: 145 Inside + 120
Hours: 3pm - 8pm Monday - Tuesday, 11:30 am - 9pm Wednesday Sunday
Parking: Parking Lot

To get more information about this Bar, Restaurant business for sale in San Mateo County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #264688 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Bar, Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

San Mateo County Bar, Restaurant Business For Sale Bar, Restaurant Company For Sale San Mateo County Bar, Restaurant Companies For Sale Buy, Sell A Bar, Restaurant Business Selling A San Mateo County Bar, Restaurant Bar, Restaurant Business Opportunity

Email Steve Zimmerman Below About This Posting




No Spam
For Best Results & Response, Email & Phone This Contact: Steve Zimmerman at 888-995-9701.
Why Is A Business Kept Confidential
Seller Selling Without Financials





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Contact: Cheryl Maloney : 415-309-2722 Cell, 415-309-2722 Text
Status: Active  Posting #: 267700  Refreshed: 5/8/2021
Asking Price: $85,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $250,000
Attributes: Broker-Broker Coop, Training And Support
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Status: Active  Posting #: 267749  Refreshed: 5/10/2021
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Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 267810  Refreshed: 5/13/2021
Asking Price: $295,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $1,300,000
Attributes: Asset Sale
Fast Track Posting Freestanding 2,868 SF restaurant on busy corner location on Stevens Creek Blvd with own parking lot. Completely remodeled. The restaurant features high vaulted sealings, large picture windows, ample outdoor seating and its own dedicated parking lot. It doesn't get much better than that! $1.3 million sales prior to COVID. Currently operating as a franchise restaurant. Can be purchased as an "Asset Sale" for conversion to any concept or as a franchise.
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For Sale: Restaurant And Bar - In The Redwoods In San Lorenzo Valley, California
Contact: Roger : 831-226-2322
Status: Active  Posting #: 261821  Refreshed: 5/13/2021
Asking Price: $295,000  Down Payment: Call  Annual SDC: $156,000 (Projected)  Annual Gross: $910,000 (Projected)
Attributes: Broker-Broker Coop, For Sale By Owner, Semi Absentee Run, Training And Support, Owner Financing
Fast Track Posting A well established Restaurant and Bar located on a major artery in the San Lorenzo Valley, Santa Cruz County. Includes 2 comfortable dining rooms, an active, intimate bar and cocktail lounge attached to a sunny garden patio. A favorite destination of local diners, tourists, travelers and campers. Financing available for qualified Buyer Gross Revenue for 2018: $722,741 SDE for 2018 $138,519 Gross Revenue for 2019 $824,000 SDE for 2019 $115,507 Projected: Gross Revenue for 2020 $910,000 SDE for 2020 $156,000. Projected Gross Revenue for 2021: $1,000,000 plus. Estimated SDE for 2021 $181,000
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Contact: Paul Burrowes - Agent: 831-295-5130 Cell, 831-295-5130 Text
Status: Active  Posting #: 267510  Refreshed: 5/7/2021
Asking Price: $298,000  Down Payment: Call / Email  Annual SDC: $180,000  Annual Gross: $650,000
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Fast Track Posting ProBuy A well-established newly renovated restaurant for sale in an excellent location, just 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches. The restaurant has been in business for over 35 years, since 1986, with good, generous and loyal customer base. It is situated in Scotts Valley. Estimated annual gross $650,000. Cost of Goods Sold $62,500. Estimated profit $180,000.
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