Italian Restaurent in business 13 years with a 7% Rent Factor!
Business Description
Imagine yourself welcoming guests into this charming Italian restaurant that's been serving the San Mateo community for 13 successful years. You'll love the authentic Southern Italian menu that keeps customers coming back, creating the kind of loyal following every restaurant owner dreams of.
Picture this: you're located on a bustling street in affluent San Matelo, right in the heart of the SF Peninsula. The foot traffic here is incredible, and you'll have both cozy indoor seating and a delightful front patio where guests can enjoy their meals al fresco.
Here's what makes this opportunity special - the numbers work beautifully in your favor. Your current lease runs until September 2032 at just $4,230 monthly, which translates to an impressive 7.2% rent factor of gross sales. That's the kind of rent-to-revenue ratio that lets you sleep well at night knowing your overhead is manageable.
You'll appreciate the spacious kitchen that gives you room to create those authentic Italian dishes, plus a good-sized walk-in cooler for proper food storage and inventory management. This setup means you can handle busy nights without feeling cramped.
After 13 years in business, this restaurant has proven its staying power in the competitive Peninsula market. The established customer base and prime location create a foundation you can build upon, whether you want to maintain the current successful concept or add your own special touches.
This is your chance to step into a profitable, well-positioned restaurant business in one of California's most desirable areas.
Picture this: you're located on a bustling street in affluent San Matelo, right in the heart of the SF Peninsula. The foot traffic here is incredible, and you'll have both cozy indoor seating and a delightful front patio where guests can enjoy their meals al fresco.
Here's what makes this opportunity special - the numbers work beautifully in your favor. Your current lease runs until September 2032 at just $4,230 monthly, which translates to an impressive 7.2% rent factor of gross sales. That's the kind of rent-to-revenue ratio that lets you sleep well at night knowing your overhead is manageable.
You'll appreciate the spacious kitchen that gives you room to create those authentic Italian dishes, plus a good-sized walk-in cooler for proper food storage and inventory management. This setup means you can handle busy nights without feeling cramped.
After 13 years in business, this restaurant has proven its staying power in the competitive Peninsula market. The established customer base and prime location create a foundation you can build upon, whether you want to maintain the current successful concept or add your own special touches.
This is your chance to step into a profitable, well-positioned restaurant business in one of California's most desirable areas.
About the Business
- Years in Operation
- 13
- Employees
- 5 Full-time
Most employees have been on staff a number of years. - Facilities & Assets
- 1. Full Kitchen with a good sized sized walk-in storage unit.
2. Pizza Oven
3. Sitting for 38 customers
4. 6 burner commercial stove-South bend
5. Possible rear area opening in future for additional sitting - Market Outlook / Competition
- It's the only Italian Restaurant on the street.
- Opportunities for Growth
- The Italian is already set-up to do business above the $700,000 gross sales level.
Again, the back area may be open for additional sitting
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 750
- Rent
- $4,230.00 per month
- Lease Expiration
- 9/1/2032
About the Sale
- Seller Motivation
- Buyer has been in the food business over 30 years, and is retiring in Sicily.
- Transition Support
- Buyer MUST have cooking experience in a like restaurant.
Seller will train Buyer for 2 weeks after the close of escrow. - Financing Options
- Only with a very qualified Buyer.
Listing Info
- ID
- 2507367
- Listing Views
Listing ID: 2507367 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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