MS Real Estate proudly presents a fantastic opportunity to purchase a well-established Indian restaurant in the heart of San Mateo, California. The restaurant is located in a highly visible spot on one of the city’s main streets, surrounded by a diverse mix of residential neighborhoods and thriving commercial businesses, ensuring steady traffic and excellent exposure. The property sits in a bustling, upscale part of the Peninsula and benefits from nearby affluent communities and active local businesses. Importantly, there are no other Indian restaurants nearby, allowing the business to cultivate a loyal customer base and meet strong local demand for Indian cuisine. The current owner has built a solid foundation, and the restaurant is operating successfully. However, due to other business engagements, the seller has become largely absentee and is seeking a motivated buyer who can take a more hands-on role in the day-to-day operations and further develop the business.

This opportunity is particularly well-suited for an experienced restaurateur, chef, or hands-on operator looking to establish or expand their presence in the local dining market. There are several avenues for growth, including expanding the menu to include additional offerings, such as non-vegetarian dishes, pursuing a full liquor license (subject to approval), and increasing catering and delivery services. The restaurant facility has been fully remodeled and is well-maintained, providing a turnkey opportunity for a new operator. The space is designed for efficient restaurant operations and would allow a new owner to begin business immediately with minimal additional capital investment. Additionally, the premises could accommodate a different restaurant concept if desired. All inquiries are to be directed to the listing broker. Please do not disturb employees or staff regarding the sale of the business. Principals Only!

Business Details:
• Year Established: 2024
• Square Footage: Approximately 2,753 sq. ft. with a ±20-foot Type I hood system
• Seating Capacity: 40 indoor seats plus approximately 60 seats on the covered patio
• Employees: 5 full-time employees
• Monthly Rent: $6,000 base rent plus NNN expenses of approximately $2,753
• Lease Term: Through July 2029, with a five-year renewal option available
• Operating Hours: Open Monday through Sunday, 9:00 AM – 9:00 PM

Revenue:
According to the Seller, the current gross sales average around $40-45k per month. There is strong potential to further boost revenue, especially by adding a full-liquor license and a non-veg menu, which could significantly increase profitability and evening dining traffic. With a more hands-on operator and expanded offerings, the business has clear potential for ongoing growth.

Financing: All Cash