Business For Sale

Italian Restaurant In Upscale Prime Downtown

Not Disclosed, CA
Santa Clara County


Asking Price: Annual Revenue:
$299,000 $1,132,872

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant In Upscale Prime Downtown Broker: Steve Zimmerman

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,132,872
Net Profit: Not Disclosed
Cash Flow: $114,996
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 125011533
Broker Reference #: 3050

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Business Overview:

Italian trattoria located on a busy downtown street in an affluent peninsula community. This street has recently undergone a revitalization, with older shops turning over into newer, more d businesses, and long-lasting businesses undergoing s. This restaurant is situated in a prime location, with lots of foot traffic going to nearby retail and food locations. The restaurant serves Italian classics and has attracted a local following. The decor is homey and family-friendly. The downstairs, street-level space seats 60 the upstairs loft seats 16 the outside area seats 12. There is a pizza oven situated near the bar area in the front of the space, and an open kitchen near the back. The restaurant's open kitchen comes equipped with 20' hood, two 6 burner stoves, fryer, grill, convection oven, three 2 door under counter refrigerators prep station, 1 and 2 compartment prep sinks, ice machine, dishwasher, 2 door reach in refrigerator, slicer, 1 door reach in refrigerator, 1 door reach in freezer, back yard area with a walk in refrigerator and storage, espresso machine, 1 door under counter refrigerator, hand washing sink, wine rack on lobby wall , two bathrooms, and flat screen TV. RRC#: 3050

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2005 | Seating: 60 Inside and 12 Outside | Square Footage: 2200 | Parking: Street | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 11am - 2pm and 5pm - 9pm Monday - Thursday 11am - 2pm and 5pm - 9:30pm Friday 5pm - 9:30pm Saturday | Reason For Sale: Other Interests.

FINANCIAL INFORMATION:
Yearly Revenues: $1,132,872 | Yearly Cash Flow: $114,996.

LEASE INFORMATION:
Monthly Rent: $10,516 | Lease Expiration: 2020 | Lease Option: Negotiable | Security Deposit: $7,428

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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.

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