Sold: Fast Casual Restaurant in Downtown San Mateo, CA

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Financial Details

Asking Price:
$250,000
Annual Revenue:
$773,888
Cash Flow / SDE:
$120,543
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
2.1x
Location:
San Mateo, CA, US
Sources:
Date:
September 24, 2025

Key Highlights

Prime downtown San Mateo location with high foot traffic.
Strong fast-casual brand well-suited for the Bay Area demographics.
Established in 2022, offering a modern business opportunity.

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

Features & Tags

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