Sold: Fast Casual Restaurant in Downtown San Mateo, CA
Financial Details
Key Highlights
Description
This listing presents a sold fast-casual restaurant located in downtown San Mateo, California. Established in 2022, the business benefits from a prime location with significant foot traffic, making it an attractive opportunity for food enthusiasts. The brand is noted as strong and well-aligned with the demographics of the San Francisco Bay Area. Financials indicate a gross revenue of $773,888 and a Total Adjusted Net Income of $120,543, with an initial asking price of $250,000. The premises span 1018 sq ft with a monthly rent of $5,752, and the lease is set to expire in December 2025, with options for renewal. The business operates with 6 part-time employees and includes $89,260 worth of equipment and fixtures. The owner's reason for selling is to focus on other business opportunities.
Industry Information
- Industry Description:
- Fast Casual Restaurant
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2022
- Employees:
- 6
- Reason for Selling:
- Focus on other business opportunities
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $5,752 USD
- Lease Expiration:
- 2025
Assets & Inventory
- FF&E Value:
- $89,260 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Ciro 'Vic' Coppola
- Company:
- First Choice Business Brokers
- Phone:
- (702) 368-2500
Listing Details
- Listing ID:
- 41630e72-2217-4133-98a6-394d01d3bd83
- Source Listing ID:
- 23510
- Deal Status:
- Sold
- Last Updated:
- September 24, 2025
- Currency:
- USD