Asset Sale Description
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#1043
Area: San Mateo
Asking Price:$100,000
Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage)
NNN: $26,199/mo
Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage)
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage)
Percentage Rent: 5.5% gross sales
Rent Increase: Fixed Rent Schedule
Security Deposit: $56,889
Business Established: 2017
Seating Capacity: 124
Liquor License: Type 41
Parking: Parking Lot
Reason for Selling: Focusing on other ventures
Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
#1043
Area: San Mateo
Asking Price:$100,000
Base Rent: $18,963.00/mo (Restaurant)+ $1,543/mo (storage)
NNN: $26,199/mo
Lease Term: December 31, 2028 (Restaurant)+ March 2027 (Storage)
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 3,612 sq. ft. (Restaurant) + 792 sq. ft. (Storage)
Percentage Rent: 5.5% gross sales
Rent Increase: Fixed Rent Schedule
Security Deposit: $56,889
Business Established: 2017
Seating Capacity: 124
Liquor License: Type 41
Parking: Parking Lot
Reason for Selling: Focusing on other ventures
Fully built-out 3,612 SF restaurant inside a 1.3M SF regional mall anchored by Macy's and Nordstrom, drawing an estimated 10–15M visitors annually. Two 14-ft Type 1 hoods, grease interceptor, 124 seats, Type 41 ABC license. Ideal for an operator bringing their own concept to a high-traffic Peninsula location.
Detailed Information
- Years in Operation
- 9
- Facilities & Assets
- 2 x 14-foot Type 1 Hoods
Grease Trap Interceptor
2 restrooms
Office Space
About the Sale
- Seller Motivation
- Focusing on other ventures
- Financing
- Cash Only
Listing Info
- ID
- 2541010
- Listing Views
Listing ID: 2541010 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
















