Businesses For Sale Network in California - San Francisco Bay Area/ Busy M-F Sandwich Shop- High Traffic Downtown Location- Diverse Professional Clientele
BUYER CENTER
SELLER CENTER
BROKER CENTER
FRANCHISE CENTER
ABOUT US

HomeSearch Results > Listing View      Sell your business in California - San Mateo
Click Here to Sign Up!

Listing View: Busy M-F Sandwich Shop- High Traffic Downtown Location- Diverse Professional Clientele - San Mateo, California


Busy M-f Sandwich Shop- High Traffic Downtown Location- Diverse Professional Clientele
San Mateo, California

Offered at:
$85,000

Office Listing #   RECENTLY SOLD - 1580
Revenue: $18,500 / month
Cash Flow: $3,900 / month
Lease Rent: 3,520 all inclusive
Square Feet: 1,407

Save Listing to Favorites
Send  Listing to a Friend
 



Click to enlarge
 


 

 Listing Description

Centrally located in a desirable downtown location, walking distance from legal and financial offices, a large medical facility, as well as City and County government offices, and free public parking facility. The present clientele draws heavily from the business community above, and is a favorite with local residents. The pristine and inviting interior has all tile flooring, presently seats 28, but which is approved for and can be expanded to 48. The very efficient front service counter and prep area features a 4’ refrigerated self serve display case, small two deck pizza oven, two 2-door salad preps, slicer, soup warmer, two induction burners, several stainless work tables, rolling pan rack, prep sink, cash register and fax machine. The rear prep and storage area has a walk-in cooler and walk-in freezer, 1-door freezer, 3-compartment sink, wire rack shelving, mop closet and small office area. To expand the menu concept, the premises easily lends itself to installation of type 1 or type 2 hoods. In addition to walk in traffic, this business also does catering and deliveries. Currently, the menu offers hot and cold sandwiches, salads, soups, assorted side dishes and beverages. Obvious upside would be to the addition of pizza, panini sandwiches, wraps, beer and wine etc., which also would lend itself well as an after work, early evening take out option. The operation, is currently open Monday through Friday from 10 a.m. to 6 p.m., which offers a huge opportunity to expand sales and profit with modest increase in hours. In addition, there is currently no well defined business offering quick morning coffee, juice, yogurt, bakery goods or light breakfast menu to serve the immense business community only steps away. Easily done by opening for business only a few hours earlier, this would also continue to attract those looking for a mid afternoon break. Weekend and evening business is wide open to exploit as well, by capitalizing on theater business, nightlife, etc. The current owner works semi-absentee, and the business presents many options to a buyer, who may continue the present weekday business, expand morning and/or evening hours, explore weekend business possibilities. Restaurant Realty Listing # 1580.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   2009
Current Owner:   2009
# of Employees:   Contact For Info
Seating:   48 allowable inside, 6 outside
Square Foot/Size:   1,407
Parking:   Street, Public Parking
License(s) Required:   Business
Days Open/Hours:   Mon-Fri 10a-6p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $18,500 / month
Cash Flow:   $3,900 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   3,520 all inclusive
Lease Expiration:   2014
Yearly Adjustment:   2% min., 5% max
Lease Option:   5 yrs + 5 yrs
Security Deposit:   2,500
     
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


Email the listing party by completing  the form below

 

Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
Read the full disclaimer before responding to any ad.