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Accommodation & Food Services

Modern Restaurant On Burlingame Avenue

San Mateo, CA, USA
Listed 102 days ago

Business Overview A rare opportunity to acquire a long-standing, highly profitable 2,900 sq. ft. restaurant situated in the heart of Burlingame Avenue—the Peninsula’s most affluent and sought-after dining destination. Established for 11 years, this sophisticated venue features a stunning modern "exhibition-view" kitchen and one of the most desirable outdoor patios in the district. Currently operating exclusively for dinner service, the business offers a massive "plug-and-play" growth opportunity for an operator to capture the lucrative Burlingame lunch and brunch crowds. Investment Highlights Elite Burlingame Avenue Location: An iconic, high-visibility corner position with heavy foot traffic and over a decade of established goodwill in a premier dining corridor. Full Liquor License: Includes a valuable ABC Type 47 License, supporting a high-margin cocktail and wine program. Massive Revenue Upside: Operation is currently limited to dinner only. Expanding hours to include lunch or weekend brunch provides an immediate path to significantly increase gross sales. Turnkey Infrastructure: Over $500,000 in recent designer renovations. The facility is fully equipped with a 25-foot Type 1 hood, walk-in refrigeration, and full ADA compliance. High-Capacity Seating: * Indoors: 120+ seats across a chic, open-concept dining room. Outdoor Patio: 20+ seats in a premier, high-demand al fresco setting. Exceptional Lease Terms: Long-term lease secured with multiple options, locked in at significantly below-market rates for the Burlingame Avenue area.

Represented By Broker?

Yes

Financials

Asking Price
$799K
RevenueMost Recent Year
$1.4M
Earnings (SDE)Last Reported
$328K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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