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For Sale: Exciting Short Hours Cafe - San Francisco Bay Area, California

$149,000.00

Asking Price

  • Address: San Mateo,

  • Status: Active

  • Posting ID: 281502

  • 7/5/23

San Francisco Bay Area Exciting Short Hours Cafe Business For Sale

Description

Exciting Life-style Short Hours Cafe in San Mateo County

This attractive Breakfast/lunch Cafe 1/2 is located on the first floor in one of the office buildings of a 6-building campus of famous hi-Tech companies. The Cafe 1/2 serves all the employees and the surrounding residential community. Free ample parking. Short hours, open 5 days a week.

This cafe 1/2 is about 1,000sq. ft. and seats about 10 inside. Additionally, the outside seating area is available to customers who prefer to eat outside and enjoy the beautiful outdoors.
Ownership serves a menu of delicious freshly made breakfast and lunch items including specialty coffee beverages and drinks to its ready customers.
Though there is no hood, with the menu being all fresh, it is not needed.
The cafe 1/2 was recently remodeled to provide a positive 1/2 1/2cafe 1/2' experience to its customers a vibrant, inviting friendly cafe 1/2 spot to meet up with friends/colleagues.

Owner manages the business remotely with PT employees

Investment Highlights

Exceptional Lease Terms: $1000/month for1,000sq.ft.
- Rent Free X 6 months: Negotiated lease extension until 2026 with 6 months rent free until Sept 2023
- Janitorial/Cleaning/Maintenance is provided by the building janitorial maintenance team at no additional costs to the cafe 1/2 owner. Owner is responsible for the table top cleaning and wi-fi.
- Restrooms: The building restroom located in the lobby for employees is also accessible to cafe 1/2 customers. Restrooms are cleaned by the building janitorial services.
- Water, Electricity Utilities: All utilities are included in the monthly rent. Internet service fees are excluded.

Short Hours: 8am -2pm, Monday to Friday. Closed on weekends. Ability to open additional hour if desired

Turnkey - Upside unlimited potential
- Excellent location inside a well-known Class A office campus in San Mateo
- Low overhead and operational expenses, no NNN
- Recently remodeled in 2021,
- New user-friendly website with convenient easy to use interface features
- You Tube videos of menu showcasing the attractive delicious menu items for customers to view and select
- Fully equipped and ready for the right buyer to raise it to the next level of sales income and net profit.
- Exceptional goodwill and a loyal customer base.

Competition: The cafe 1/2 serves the employees in this Class A - 6 building hi-tech campus. There are no other breakfast/lunch cafe 1/2 within the campus facility or close by.

The ideal buyer could be a person with an entrepreneurial mind looking for a cafe 1/2 location or
an entrepreneur with experience in the food retail/restaurant/cafe 1/2 business looking to expand to this location ,
or a husband-and-wife team looking for a business that is compatible with their lifestyle.
Compared to building up a cafe 1/2 from ground zero, the acquisition of this turnkey Cafe 1/2, an established, thoughtfully designed, well set up cafe 1/2 with exceptionally low overheads in a great location, would make a lot of sense financially for an astute and ready buyer.

Support/Training: Owner will provide training for a seamless transition to new ownership

Reason for selling: Owner is out of the area

Key Information

Asking Price $149,000
Lease: $1,000/mth
Expiration: May 2026
Furniture/fixtures/equipment Included
Training(included) 2 weeks 20hrs/week-remote training on zoom/phone
Operation:
Employees 2 PT
Owners 1 absentee
Opening Hours Mon-Fri 8.00am to 2pm
Size 1000 sq. ft.
Business Established 2003

DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors for the accuracy of this information.

For more information, contact:
Soo Kong Lim, Business Broker, DRE# 01778443
Tel: 408 828 9784 Email: sookong@interocommercial.com



To get more information about this Exciting Short Hours Cafe business for sale in San Francisco Bay Area please phone Soo Kong Lim (Broker - BRE License #:017784483) at 408-828-9784 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281502 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this Exciting Short Hours Cafe, to ask any questions or request an appointment to see this business for sale. Thank you. License # 017784483. Intero Real Estate Inc..

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Contact

  1. Name: Soo Kong Lim
  2. phone iconPhone: 408-828-9784
  3. phone iconPhone: --

Details

  1. Asking Price: $149,000.00

  2. Down: $149,000.00

  3. Cash Flow: N/A

  4. Revenue:    N/A

  1. Area: San Francisco Bay Area

  2. City: San Mateo

  1. Attributes:

    Broker CooperationAbsentee RunTraining & Support

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