#5505
San Mateo County

Branded Burger restaurant with beer and wine license

$195,000
Sold
Branded Burger restaurant with beer and wine license
This Listing is Sold

Newly built restaurant for sale in San Mateo. Owner spent over $600,000 to build this restaurant and it is a great addition to this part of San Mateo. They serve simple yet innovative! slider sized burgers in a casual yet trendy environment with a bar. Nice patio with plenty of parking and close to highway 92.  Some of the equipment included are walk in cooler and freezer, Type 1 hood, beer tap machine, innovative burger grill machine, ADA restroom and much more. Lease is $8900 all inclusive.

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
7 year left on lease
Total Monthly Rent:
$8,900

Operations

Liquor License:
41
Year Established:
2018
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
ample
Inside Sq. Ft.:
2,000

Highlights

  • Best burger in town

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 42,013 163,697 248,204
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,729 62,323 95,347
2010 Persons Per Household 2.49 2.50 2.48
Median House Value $755,400 $784,088 $840,002
Income Per Household $90,764 $96,106 $102,944
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,093 4,745 8,624
2012 Number Of Employees 56,498 180,010 316,212
2012 Total Annual Payroll $2,310,200,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. EXP Commercial of California, Inc  its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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