Newly built quick service cafes at this price don't often come along in one of the Bay Area's most charming and affluent cities....Until NOW!   This 1280 sf new cal/mex cafe and with Beer & Wine license is now for sale located within the town's only shopping center.  The new lease is strong with nearly 9 years remaining at a current base rent of $3296.    The business was built entirely new in late 2021-22, and opened for roughly eight months in 2022, reaching nearly $900k in sales.   Catering is also strong and makes up roughly 25% of their volume.   The owners have chosen to focus on their existing brands and are selling this new space for an amazing price!   The space boasts a Type 1 hood, all new design and equipment, mitigating the investment any incoming party would have to make if they wanted to carry on growing the current concept or bring their own concept.    The space is fantastically maintained and clean, and includes ample patio tables. The interior can seat roughly 30 guests and another 25+ outside.,  This space, mall and neighborhood is a must see!!!    Reach out to Andy Mirabell of Restaurant Realty Company NOW!

General Info

  • OrganizationInc
  • Established2022
  • Current Owner2022
  • Employees7 +/-
  • Reason For SaleOther Interests

Facilities

  • Seating55+ inside & patio
  • Square Feet1,280 + Patio tables
  • ParkingParking Lot for Strip Mall
  • LicensesType 41 ABC Beer & Wine, Health, Business
  • Open Hours12-8 daily, Closed Sundays

Lease

  • Rent$3,296 + %over $700k
  • Expiration5/22/27
  • Yearly Increase3%
  • Option1 -5yr Option
  • Deposit$8,192

Financials

  • Monthly Revenue Contact For Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact For Info
  • 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