Well-appointed, modern restaurant for sale in Foster City. The concept is not included in the sale. Currently, the restaurant features an Indian concept, but the space is well suited for a variety of alternatives. Foster City is an affluent area with a high household income. A strong concept could do very well with both dine-in and delivery/pickup business in this area. The inside of the restaurant space seats 30, and the outdoor area seats 16. The kitchen has a type 1 hood for open flame cooking.

General Info

  • OrganizationNone
  • Established2016
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet1,800
  • ParkingParking Lot
  • LicensesBeer and Wine, Business and Health Permit
  • Open Hours11am - 2:30pm and 5pm - 9:30pm Daily

Lease

  • Rent$8,239 + CAM and NNN
  • ExpirationDecember 2022
  • Yearly IncreaseFixed Yearly Increases
  • Option5 Year Option
  • Deposit$6,900

Financials

  • Monthly Revenue$41,137
  • Monthly Cash FlowContact for Info
  • Annual Revenue$493,652
  • Annual Cash FlowContact For Info
  • PayrollContact for Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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