Modern Restaurant On Burlingame Avenue


Listing number: 60377

Location: San Mateo County

Year established:


Business Overview A rare opportunity to acquire a long-standing, highly profitable 2,900 sq. ft. restaurant situated in the heart of Burlingame Avenue—the Peninsula’s most affluent and sought-after dining destination.


Established for 11 years, this sophisticated venue features a stunning modern "exhibition-view" kitchen and one of the most desirable outdoor patios in the district. Currently operating exclusively for dinner service, the business offers a massive "plug-and-play" growth opportunity for an operator to capture the lucrative Burlingame lunch and brunch crowds.


Investment Highlights

Elite Burlingame Avenue Location: An iconic, high-visibility corner position with heavy foot traffic and over a decade of established goodwill in a premier dining corridor.


Full Liquor License: Includes a valuable ABC Type 47 License, supporting a high-margin cocktail and wine program.


Massive Revenue Upside: Operation is currently limited to dinner only. Expanding hours to include lunch or weekend brunch provides an immediate path to significantly increase gross sales.


Turnkey Infrastructure: Over $500,000 in recent designer renovations. The facility is fully equipped with a 25-foot Type 1 hood, walk-in refrigeration, and full ADA compliance.


High-Capacity Seating: * Indoors: 120+ seats across a chic, open-concept dining room.


Outdoor Patio: 20+ seats in a premier, high-demand al fresco setting.


Exceptional Lease Terms: Long-term lease secured with multiple options, locked in at significantly below-market rates for the Burlingame Avenue area.


Asking price: $899,000

Adjusted net income: $328,102

Revenue: $1,418,177

 

Lease information

  • Total rent: $16,000 
  • Sqft: 2,900
  • 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