Price Range: From to

Compare Listings

Remodeled Restaurant/Bar, 617-619 Laurel St, San Carlos; Prime Location; Did $2.5+ Million Sales. RRC#: 3651

617 Laurel St., San Carlos, CA
$525,000

Business For Sale Details

Updated on February 29, 2020 at 6:31 pm

  • Property ID: 3651
  • Price: $525,000
  • Building: 3600 sq. ft.
  • Year Built: San Mateo
  • Type: Restaurants, Food & Beverage
  • Status: Business For Sale
  • Rent: $12,843 + NNN
  • Lease Expiration: 8/31/2028
  • Reason For Sale: Other Interests
  • Seating: 153 + 19 Bar Seats + 8 Outdoor Seats
  • Parking: Street Parking
  • Licenses: Business, ABC Type 47 (Full Liquor)
  • Lease Options: 5 years

Description

Remodeled Restaurant/Bar, 617-619 Laurel St, San Carlos; Prime Location; Did $2.5+ Million Sales. RRC#: 3651

Asking Price: Offered At $525000
Location: 617 Laurel Street., CA, San Carlos, San Mateo County
Monthly Rent: $12,843 + NNN

Listing Description:
This beautifully remodeled restaurant which has over a $1 Million invested is on one of the most desirable streets in the peninsula. It recently closed and operated briefly as Tratt and formerly Trattoria da Vititorio and closed due to weak management as the primary owner has no restaurant experience. Sales for 2019 were $2,557,652. A strong operator should be able to generate $3 Million sales minimum and there is a long term lease per the lease terms indicated below. There is a large glass frontage and the dining room has an open airy feeling with a combination of tables and chairs and banquette seating, wood tile floors and attractive hanging light fixtures. In the dining room there is a display kitchen with a marble topped counter and 12 counter seats surrounding this area. There is an attractive bar area with a granite bar top, walnut shelving and 19 bar stools. There is also a full kitchen, prep area, dish washing area and storage areas. In the bar area there is a private dining room which can seat up to 20 overlooking a wine cellar. There is also an office and 2 ADA restrooms. There are new HVAC units with separate control systems, a multi zone surveillance system and alarm system. Some of the equipment includes as follows: 12′ type 1 hood with fire suppression system, pasta cooker, 2 – 6 burner units over 2 ovens, 2- 2 door under counter refrigerators with sandwich stations, 3′ char grill, double basket fryer, full door freezer, microwave, ice machine, walk-in refrigerator, pizza oven, 3 -3 compartment sinks (1 with rinse hose), 4 hand sinks, POS system, 2 group espresso machine, coffee grinder, 2 -2 glass door under counter refrigerators, ice bin, 2 -3 door under counter refrigerators (1 with 4 taps & 1 with sandwich station), 1 door under counter refrigerator.

Business For Sale Location:

  • Location: 617 Laurel St., San Carlos, CA
  • City / County: San Carlos
  • State / Province: California
  • Country: United States

Page Views

Make an inquiry about this Business For Sale

Similar Business For Sale Listings

sq. ft.: 550

Restaurants, Food & Beverage

$59,000

sq. ft.: 550

Restaurants, Food & Beverage

Sq. Ft.: 2800

Catering Company, Food Related, Pizzerias, Restaurants, Restaurants, Food & Beverage

$55,000

Sq. Ft.: 2800

Catering Company, Food Related, Pizzerias, Restaurants, Restaurants, Food & Beverage


PREVIOUS BUSINESS FOR SALE

Super Busy, Charming Turn Key Breakfast Lunch Cafe In Tourist Area, Beer & Wine, Absentee Owner RRC#: 3647

NEXT BUSINESS FOR SALE

Popular Self Serve Frozen Yogurt Franchise With Good Income In Desirable Shopping Center RRC#: 3653