Excellent opportunity to acquire a fully built-out restaurant in a prime Millbrae location on Broadway near El Camino Real.
Property Highlights:
Prime Millbrae location
Approx. 2,000–2,400 SF
Type 1 Hood
Walk-in Cooler
Fully equipped – Ready to Go
Asking Price: $298,000
Approx. Rent: $8,000+/month (subject to landlord verification)
This is an Asset Sale.
No financial statements will be provided. The business is being sold As-Is, and all prospective buyers are encouraged to conduct their own due diligence.
A signed Non-Disclosure Agreement (NDA) is required before the exact address, lease documents, financial information (if any), and additional details can be released.
If you’re looking for a turnkey restaurant opportunity in the Peninsula, please contact me for more information or to request an NDA.
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 22,514 | 109,709 | 247,318 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 7,995 | 39,147 | 86,992 |
| 2010 Persons Per Household | 2.65 | 2.61 | 2.72 |
| Median House Value | $901,700 | $828,871 | $697,034 |
| Income Per Household | $88,451 | $93,826 | $86,338 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 500 | 3,736 | 7,426 |
| 2012 Number Of Employees | 8,732 | 118,436 | 254,966 |
| 2012 Total Annual Payroll | $139,420,000 | $3,357,188,000 | $4,294,967,295 |
This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.
