Business Overview:
Family Restaurant with 1 Million Sales with 178,000 Profit with 50% Down with SBA Loan
RRC# 1421
Offered at: 295,000
Location: Los Gatos, California
Revenue: 84,000 / month
Cash Flow: 14,800 / month
Listing Description:
Located in a high demographic neighborhood, this is an opportunity to buy a long established turn-key operation and a community institution in a busy, very desirable shopping center. Menu, concept, recipes and business name are all part of the sale. The front service counter and register area features a soda dispenser, double coffee machines and hand sink. The line cook area as a 12' type 1 hood, 6 burner range with oven, double fryer, 4' griddle, 2' broiler, convection oven, microwave, two soup warmers, 6 drawer pizza prep fridge, 2 door pizza prep, 2 door salad prep table and a single compartment prep sin. A prep room has a walk-in cooler, slicer, large mixer, 1 door under counter freezer, 2 compartment sink and dishwasher station.. This is an excellent opportunity to acquire a profitable business, with consistent sales and a loyal clientele, ideal for a hands on owner operator or partnership. This has been pre-qualified for an SBA loan and with approximately 50% down SBA will provide the financing for this project.
General Information:
Organization: Sole Proprietorship
Year Established: 1974
Current Owner: 2001
# of Employees: Contact For Info
Seating: 78
Square Foot/Size: 3,133
Parking: Parking lot
License(s) Required: Business, ABC Type 41 (beer & wine)
Days Open/Hours: M-SA 6:30a-8:30a Sun 6:30a-2:30p
Lease Information:
Lease Rent: 12,812 all inclusive
Lease Expiration: 12/31/2011
Yearly Adjustment: 3.5%
Lease Option: 2 - 5 Year Options
Security Deposit: 4,700.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.