Chinese Restaurants
Active
$180,000 NET INCOME — Profitable Asian Restaurant in San Mateo County
San Mateo County, California, United States
Asking Price$290k
Revenue-
EBITDA-
Cash Flow-
Description
This is a popular Chinese restaurant that has been going strong for the past 25 years, and the owner is now ready to retire. Situated in the San Mateo area, the space is approximately 1,900 sq ft. The current lease in place is valid through August 2026, with a five-year option to extend.
The kitchen is spacious and fully equipped with a 24-foot Type I hood and Ansul fire suppression system, two double-basket fryers, and a six-burner range with oven and stove. There are two double wok stations, along with additional burners used for noodles and other cooking needs. The kitchen also includes a walk-in refrigerator and a walk-in freezer, as well as a single-door stainless steel refrigerator. There is an underground grease trap on site. Two new exterior storage units are attached to the building.
The business holds an ABC Type 41 license for beer and wine service. Street parking is available, and the restaurant is located in a very nice area near El Camino Real in a mixed-use property, surrounded by other businesses, a high school, and nearby residential neighborhoods.
Real Estate
Leased
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Asking Price$290k
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