Business Overview:
Quaint Bistro in Prime Los Gatos Location; Fully Equipped and Recently Renovated
RRC#: 4074
Asking Price: $299,000
Location: Los Gatos, California
Annual Revenue: $158,7801
Annual Cash Flow: Contact for Info
Monthly Rent: $6,300
Expiration: 2026
Listing Description:
This quaint bistro in Los Gatos is located on a main thoroughfare. Featuring a modern bistro concept and has quickly become a town favorite. The current owner is selling the name and the concept, and will provide a new owner with recipes and training to execute the concept. The restaurant space is fully equipped and recently updated interior and kitchen give it a modern and clean look and updated equipment.
The surrounding area features high foot traffic, artisan boutique retail shops, and theaters and museums. The median family income in the area is high, and locals dine out frequently. Family-friendly restaurants in the area tend to do well. The inside area seats 60, and there is a parklet outside which seats 30.
The yearly sales annualized would be projected at $1,587,801. There is a new lease in place and has a remaining 4.5 years plus a 5 year option.
Full list of equipment is available upon request. Can't beat this location!
General Information:
Organization: LLC
Year Established: 2021
Current Owner: 2021
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $132,316
Monthly Cash Flow: Contact for Info
Annual Revenue: $158,7801
Annual Cash Flow: Contact for Info
Payroll: Contact for Info
Facilities:
Square Feet: 1,575
Seating: 32 Inside and 30 Outside
Parking: Street and Parking Lot
Days/Hours of Operation: 5pm-9pm Weekdays, 11am-9pm Weekends
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Reason for Selling:
Other Interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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