Exciting Short Hours Cafe in San Mateo County -NEW ASKING PRICE @ $94K
Asking Price: | $94,000 |
Established Year: | 2003 |
Rent: | $1,000/Month |
This attractive Breakfast/lunch Café located on the first floor in one of the office buildings of a 5 building campus of famous hi-Tech companies serves all the employees and guests at a short term stay hotel in the vicinity. Free ample parking. An excellent work/life business opportunity - short hours, open 5 days a week.
NEW Asking Price - $94,000
This café 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 café was recently remodeled and provides a positive ‘café’ experience to its customers – a vibrant, inviting friendly café spot to meet up with friends/colleagues.
Owner manages the business absentee with PT employees
Investment Highlights
Low Operating costs with exceptional lease terms: $1000/month for1,000sq.ft.
- Janitorial/Cleaning/Maintenance included. Owner is responsible only for the table top cleaning and wi-fi.
- Water, Electricity Utilities included in the monthly rent. Internet service fees are excluded.
Excellent work/life balance business opportunity - Short Hours: 9.30 am -1.30pm, Monday to Thursday. Ability to open additional days and hours if desired
Turnkey - Upside potential
- Excellent location inside a well-known Class A office campus in San Mateo
- Low overheads and operational expenses, no NNN
- Recently remodeled in 2021, fully equipped, nice ambiance, exceptionally clean and well maintained
- 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
- Captive customer base.
Competition: The café serves the employees working in this Class A - 5 building hi-tech campus plus guests at a short term stay hotel close by. There are no cafés/restaurants within the campus facility or close by.
The ideal buyer could be a husband-and-wife team looking for a business opportunity with good work/life balance that is compatible with their lifestyle.
OR, a person with an entrepreneurial mind looking for a café location,
OR an entrepreneur with experience in the food retail/restaurant/café business looking to expand to this location.
Compared to building up a café from ground zero, the acquisition of this turnkey Café – established with regular customers from DAY 1 and well set up café 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
Reason for selling: Other business interests
Key Information
NEW ASKING PRICE $94,000
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-Thurs. 9.30 am to 1.30 pm
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.