Well-appointed, modern restaurant located on the gorgeous Foster City waterfront for sale. Currently, the restaurant is a Mediterranean concept but the space is well-suited to a variety of alternatives. The inside of the restaurant is cozy yet elegant, and the space boasts a large outdoor back patio on the waterfront. The inside of the space seats 20, and the back patio seats 50. The restaurant is located in a central strip center, and is adjacent to other businesses. Foster City is an affluent area with a high household income. A strong concept could make excellent use of the opportunities for dine-in and delivery/pickup that this location provides.

General Info

  • OrganizationCorporation
  • Established2015
  • Current Owner2019
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating20 Inside, 50 Outside
  • Square Feet585
  • ParkingParking Lot
  • LicensesBusiness and Health Permit, Beer and Wine
  • Open Hours11:30-2pm and 5pm-9pm Monday - Saturday

Lease

  • Rent$2,657
  • ExpirationJuly 2025
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$4,165

Financials

  • Monthly Revenue$19,435
  • Monthly Cash FlowContact for Info
  • Annual Revenue$233,223
  • Annual Cash FlowContact for Info
  • Payroll$Contact for Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location