Business for Sale Overview:
Established Restaurant with Bar and Catering Facilities in Popular Hotel
THIS BUSINESS IS CURRENTLY IN ESCROW
RRC# 1348
Offered at: $325,000
Location: San Jose, Santa Clara, California
Revenue: $150,000 per Month
Lease Rent: $15,000 / Negotiable
Listing Description:
This unique opportunity includes operating a well known restaurant in a prime location on the ground floor of a unique and respected hotel. The operator also gets use of the bar (which is owned by the hotel) for servicing the restaurant alcoholic beverages (and gets to participate in the alcohol revenues generated for the food service facilities), use of several banquet rooms to service small groups as well as groups up to 150 and does room service for the hotel. The restaurant is beautifully designed and includes an attractive dining room, full kitchen, display kitchen and prep area. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 6 burners, 4 drawer plus 1 door under-counter refrigerator plus sandwich station, double basket fryer, 3' char-grill, salamander, 6 burners, slicer, 5 hand sinks, 2 - 6 burner units over 2 ovens, 3 compartment steam-table, 3 - 2 door under-counter refrigerators (1 with sandwich station), 6 under-counter refrigerator drawers plus sandwich station, 2 service stands, 2 full door glass refrigerators, 3 group espresso machine, 2 coffee grinders, wood burning oven, 3 door under-counter refrigerator plus sandwich station, walk-in refrigerator, walk-in freezer, 2 compartment sink, 2 compartment stock pot sink, 2 convection ovens, POS system with 3 monitors and 4 printers and 1 door under-counter refrigerator. There is also several storage areas, an office and the restaurant has use of the hotels restrooms. The rent is negotiable pending the strength of the operator. The landlord will most likely want a market minimum rent to be negotiated versus a percentage rent and some participation in the NNN expenses for the space the restaurant occupies.
General Information:
Organization: Corporation
Seating: 130 plus Banquet Rooms (holding 150, 40, 50 and 65)
Square Foot/Size: 5,000
Parking: Street, Valet, and Parking Lot
License(s) Required: Business
Days Open/Hours: 7 / Lunch and Dinner Daily.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.