High-Volume Absentee Modern Indian Restaurant & Lounge with ABC Type 47 License – Prime Peninsula Corner

Listing number: 60377

Location: San Mateo County

Year established:


Business Overview: Rare opportunity to acquire a long-standing, profitable, and beautifully renovated 5,000+ sq. ft. restaurant and lounge in one of the Peninsula’s most affluent dining corridors. 


Established for over 20 years with a 30-year legacy at this location, the business features a modern "tandoor-view" kitchen, a mezzanine lounge with a DJ booth, and a premier outdoor patio.


Investment Highlights:


Prime Real Estate: Highly visible corner location with heavy foot traffic and double-digit years of goodwill.


Full Liquor License: Includes a valuable ABC Type 47 License (Full Liquor).


Turnkey Infrastructure: Over $500k in recent renovations; 25-foot Type 1 hood, walk-in refrigeration, and ADA compliance.


Capacity: 140+ seats indoors plus 40+ on a high-demand outdoor patio.


Favorable Lease: Long-term lease in place with options, significantly below current market rates for the area.


Asking price: $899,000

Adjusted net income: $328,102

Revenue: $1,418,177

 

Lease information

  • Total rent: $16,000 
  • Sqft: 5,000+
  • Lease: 5 year term with options

Asset information

  • Inventory: $5,000
  • Equipment/fixtures: $500,000

Additional information


  • Reason for selling: Relocating


David Mayfair

For more information or to inquire about this business contact David Mayfair