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San Mateo County, California
Asking Price
$750,000
Revenue
$1,183,747
Down
$250,000
Cash Flow
Call/Email
Name: Business Team
Phone: Show phone number
Name
Business Team
Phone
Show phone number
Posting ID:
290609
Business Category:
Restaurants for Sale & Food
Business Types:
Full Service, Dine In Restaurant
Keywords:
San Mateo County, california, full service
Attributes:
Broker Cooperation
Existing Franchise
License (Liquor, etc.)
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San Mateo County, California
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This restaurant has an excellent location on El Camino Real and near the Caltran Station in Redwood City. This restaurant has about 1501 sq.ft with very reasonable rent at $3175 per month including the NNN fee. The restaurant is located on a major commercial street and there is parking behind the building as well as street parking. The restaurant has a nicely equipped kitchen which includes ample storage space and a walk-in refrigerator. The restaurant has a beer and wine license for this location. This is a very desirable business and the offer to sell will not last long. Please contact agent at (510) 673-6879 or email: sofiafong1207@gmail.com if you have any questions.

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FLORIST BUSINESS
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Iconic Floral Retailer with Close to a Century of Excellent Service When it comes to excellence in flowers and plants for personal, corporate, or event purposes, this retail florist stands far above the rest. Located on the San Francisco Peninsula, they deliver to the whole Bay Area, especially San Francisco, San Mateo County, & Silicon Valley, with a roster of highly affluent, loyal long-term customers with prominent roles in the tech industry, as well as in the arts and entertainment fields. The same family has owned and operated the business for over nine decades. This part of California provides a market of unparalleled wealth, with an appreciation for the finer things in life – like the finest of floral displays and decorative plants – for innumerable occasions year-round. The business operates from a leased 20,000+/- sq ft building with a current rate of approximately $35,000 per month. (The business owners own the rented premises and are exploring the possibility of the business relocating to a lower rental cost.) The staff are all W-2 employees: 6 full-time and 12 part-time (with four of the employees being family members). Annual sales vary from year to year, from about $1,600,000 to nearly $2,000,000. Seller’s Discretionary Earnings are substantial; the details will be discussed after an NDA is signed. The sellers contend that sales and profits will increase dramatically with new ownership and management. The Transaction: The seller is open to all reasonable offers and terms. The business is being offered for $2,200,000. This would include all assets used in the business, except accounts receivable, cash-on-hand, and any leasehold security deposit. This is for the entire business, including, as applicable, the business name, trade names, trademarks, proprietary methods and procedures, any other intellectual property, customer lists, vendor/supplier information, sales backlog, goodwill, tangible assets (tools, apparatus, furniture, fixtures, and equipment). A definitive list of assets will be included in any purchase agreement and will supersede this list. It does not include cash, accounts payable*, accounts receivable, or security deposits. (*Seller is responsible for A/P and payroll through the date of Closing.) Some seller financing may be available to a qualified buyer. Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755 Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Millbrae, California
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Welcome to this thriving boba tea and chicken restaurant located in the heart of Downtown Millbrae, California. Currently operating as a modern tea shop with an accompanying chicken restaurant, this business offers a unique blend of popular food and beverage options that cater to a diverse and growing customer base. The shop boasts a comfortable and updated seating area, providing a welcoming atmosphere for all who walk through the doors. The order process has been modernized through the use of an easy-to-use kiosk, streamlining customer service and ensuring a smooth operation. The property encompasses approximately 1500 square feet, housing a fully equipped kitchen with a Type 1 hood, ready for you to take over and continue operations seamlessly. The business is nestled among other popular restaurants and cafes, drawing in a high volume of foot traffic. It is also conveniently positioned near Highway 101, ensuring easy access for customers and delivery drivers alike. The current lease amount stands at $5600, a competitive rate for the bustling San Mateo County area. The business is not a franchise, offering you the freedom to infuse your own ideas and strategies to drive growth and profit. As the new owner, you will have the opportunity to capitalize on the business's established reputation and loyal customer base. With its proven profitability and potential for further growth, this business presents an excellent investment opportunity. Tommy Tran, the current owner, is committed to ensuring a smooth transition and will provide necessary training and support. Don't miss this rare opportunity to own
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