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  • RE:  Freestanding Restaurant & Bar, Outdoor Seating
  • Contact:  Steve Zimmerman
  • License #: 01310250

Quick Facts

Asking Price: $299,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 988862
Broker Reference #: 4991

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Business Overview:


Freestanding Restaurant & Bar, Outdoor Seating, Parking Lot, Outstanding Visibility and Easy Access

RRC#  4991

Location:  920 El Camino Real, San Carlos

Description:

Formerly The Rustic House Oyster Bar and Grill doing over $2 million in yearly sales which recently closed. There are several dining rooms and the facility lends itself to having several private parties going on at the same time per the photos. In addition to the display kitchen there is a prep kitchen, dishwashing area, several storage areas, an office and 2 ADA restrooms. There is covered patio seating that accommodates 76 and there is a combination of counter seats and tables and chairs in the dining rooms which will accommodate an additional 105. Some of the equipment includes as follows:  13' and 11' type 1 hoods with fire suppression systems, 4' flat grill over 4 under counter refrigerator drawers, 3' chargrill, 3' cheese melter, 8 burners over 4 under counter refrigerator drawers, 2 food warmers, 3-2 door under counter refrigerators (1 with 8 taps & two with sandwich station on top), convection oven, 6 burners over oven, 2 -1 door under counter refrigerators with sandwich stations on top, 4' drop-in freezer, 2 compartment soup warmer, 3 full door refrigerator, counter mixer, 3 double basket fryers,  1 group espresso machine, 2 walk-in refrigerators, 2 full door freezers, 18 employee lockers, 2 ice machines, 12 taps, large screen TV, POS system, several sinks including hand sinks, pot sinks , 3 compartment sinks and mop sink.  This is an excellent opportunity for an experienced operator with a strong concept to have potentially a multi-million dollar sales business with strong profit potential.

Financial Information:

Monthly Revenue: $167,000 

Monthly Cash Flow: Contact for Info 

Annual Revenue: $2,000,000 

Annual Cash Flow: Contact for Info 

General Info:

Ownership: Corporation 

Established: Contact for Info

Employees: N/A 

Reason For Sale: Other Interests

Monthly Rent: $9,000 all inclusive 

Expiration: 4 years  plus  5 year option

Facilities:

Square Feet: 2,226 inside + 1,039 outdoor seating + 432 storage 

Seating: 105 + 76 in covered patio 

Parking: Parking lot + street parking 

Licenses: Business, ABC Type 47 (full liquor) 

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Property Features and Assets:


Facilities:

Square Feet: 2,226 inside + 1,039 outdoor seating + 432 storage 

Seating: 105 + 76 in covered patio 

Parking: Parking lot + street parking 

Licenses: Business, ABC Type 47 (full liquor)  

Days/Hours of Operation: N/A

Market Competition and Expansion:


General Info:

Ownership: Corporation 

Established: Contact for Info

Employees: N/A 

Reason For Sale: Other Interests

Monthly Rent: $9,000 all inclusive 

Expiration: 4 years  plus  5 year option

Reason for Selling:

Other Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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