Stunning Hotel Restaurant & Full Bar W/Lounge
Not Disclosed, CA Santa Clara County
Great South Bay Downtown Location!
Seller's Contact Information
- RE: Stunning Hotel Restaurant & Full Bar W/Lounge
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 20 | |
| BBN Listing #: | 46411533 | |
| Broker Reference #: | 4268 |
Business Overview:
Stunning Hotel Restaurant & Full Bar with Lounge & Large Patio, in Great South Bay Downtown Location!
RRC#: 4268
Asking Price: $175,000
Location: Santa Clara County, California
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: $6,668 %Rents - Maximum Rent $13,000 (landlord open to new lease)
Expiration: 2023 plus 5 year Option
Listing Description:
The timing couldn't be better to jump on this amazing hotel restaurant/bar opportunity as we climb out of the Pandemic and back to a more normal business and travel life. This business is priced to sell fast, so a new operator can hit the ground running as downtown dining and nightlife return, business travel and conventions resume and brings with it a huge customer base to this hotel and the existing full service restaurant and full bar. The hotel's occupancy is currently running at 90%-100% Capacity.
This stunning 8,000 square foot Downtown Restaurant is located in a Major Silicon Valley City. Located blocks from other major hotels, convention centers, a well known University and Entertainment Venue. Just a few miles Away from an International Airport!! This restaurant is a beautiful space with comfortable seating for 56 in the Lounge 76 in the dining room with additional seating for 46 in the outdoor patio, 36 in a private dining room and there is banquet capability to seat 100 in the dining room, 100 standing in the Lounge and 150 seated in the outdoor patio.
Menu is currently Asian Fusion, but a new operator could bring their own concept also. Included is a Full Type 47 Liquor License and Full Bar. The landlord has been very supportive through the Pandemic, and supported the tenant with rent discounts. There is still time remaining on the current term and there is a 5 year option to extend. Excellent Opportunity for Professional Restaurant Operator with Hotel Banquet Experience.
Pounce on this opportunity now!
General Information:
Organization: Inc
Year Established: 2012
Employees: 20
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
Facilities:
Square Feet: 8,000
Seating: 168
Parking: Parking Garage / Street Parking
Days/Hours of Operation: Daily Breakfast 6:30am - 10am / Dinner 4pm - 10 pm
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 8,000 Seating: 168 Parking: Parking Garage / Street Parking.
Reason for Selling:
Other Interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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