Cafe Deli Restaurant

Established in 1990, this cafe deli restaurant has been a cornerstone of the community for over 30 years. Located in San Mateo County, California, the business has built a loyal customer base and is currently operated semi-absentee. The restaurant operates Monday through Saturday from 8 am to 5 pm, presenting an opportunity to extend operating hours for increased income.

Financial performance has been solid, with approximate annual gross revenue of $800,000 and net annual income of approximately $180,000. Monthly payroll runs $8,000 with additional expenses of $2,000. The monthly rent is $2,500. The lease is a favorable 10-year agreement with three-year renewal options, ensuring continuity at the current location.

The current owner, who has successfully operated the restaurant for 20 years, is retiring and will provide training and support to the new owner to ensure a smooth transition. This established business offers room for growth and innovation, with the potential to increase profitability by expanding operating hours or modifying the current service model. The asking price is $495,000.

California