Asking $288,000 (negotiable on lease, equipment, and inventory)

This is a rare chance to take over a profitable, fully operating Chinese restaurant known for handmade dumplings, xiao long bao, noodles, and bento, offering "authentic flavors with a modern twist." Guests call it a "hidden gem" and often praise the warm, welcoming service.

A space that sells itself. The restaurant sits in a striking Art Deco corner building. Inside, the dining room has a full bar, lantern lighting hung among trailing greenery, a neon "Welcome" sign, and comfortable booth and table seating. The build-out is already done, so a new owner can open without paying for a costly remodel.

A production-ready kitchen. It has tiled flooring, ventilation and exhaust already installed, and a working prep line. It can keep running the current dumpling-and-noodle menu or support a new concept.

A prime downtown location. Downtown San Mateo has more than 100 dining destinations within five walkable blocks, plus historic architecture and a steady flow of commuters, shoppers, and locals. The city protects and actively promotes this dining street. The restaurant is steps from San Mateo Caltrain and SamTrans bus lines, parking is free after 6 PM, and Highways 101 and 280 are close by. Together, these keep foot traffic and regulars coming in all day and into the evening.

A rare opportunity. Restaurants for sale in downtown San Mateo are hard to find. Right now, no other comparable turnkey restaurant is on the market here.

Reason for sale: Three partners started the restaurant. Two have since moved back to their hometown for family reasons, and the remaining owner has run it alone. After years of dedication, the owner is ready to step back and hand it to someone who will take it into its next chapter. The business remains profitable and well run.

Confidentiality: The business name and exact location will be shared only after a signed NDA, proof of funds, and buyer verification. This is an active, operating business, so please do not approach or disturb staff on-site.

For financials, lease terms, or a private tour, contact Jenny Z., Keller Williams Peninsula, 415-886-7314.

All information is based on seller representations and has not been independently verified by Keller Williams Peninsula. Buyers are encouraged to do their own due diligence and consult legal and financial advisors before acquisition.