Full-service restaurant with full bar

Asking Price$460,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

diningSave

Full-service restaurant with full bar


Asking Price$460,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Well established restaurant with corner location in Burlingame,
The restaurant offers popular American and European cuisine.
A restaurant has operated at this location for over 30 years and was recently fully updated and renovated.
The space is approximately 3500 sq ft,
include 2,500 square feet on the ground level -main dining and kitchen
also mezzanine level with a private room- permitted to serving food and beverage,
storage, office, 2 bathrooms and glass DJ box with live music permit.
Small basement also included.
Good for private events and community music venue
The restaurant has two ADA entrances and features a large, semi-transparent kitchen with a 25-foot-long type 1 hood with 2 vents, and walk-in cooler.
All equipment is in good working condition include in the price. Only dishwasher machine rented
The total capacity is 148 indoors and approximately 40 outdoors.
The restaurant also has a live entertainment permit and DJ box on mezzanine level
5 years options to renew lease for qualified buyer
Monthly rent is $16,168/ month include NNN
Rent is fixed for 5 years
This is an excellent opportunity for a creative chef and for somebody who interested to open his new concept with food full bar and live music.
Price: $460,000 include ABC-47 license.
(Optionally possible to buy without ABC 47 and apply for the new ABC41 license)

Call 415-267-6952
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
Not Disclosed
About the Sale
Seller Motivation
personal
Listing Info
ID
2339305
Listing Views
1306

Contact Seller

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Business Listed by: Sergey Sharapov Urban Group Real Estate

Listing ID: 2339305 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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