Italian Restaurant, 20 Year Lease! Est 1996

Not Disclosed, CA
Santa Clara County


Asking Price: Annual Revenue:
$199,000 $662,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant, 20 Year Lease! Est 1996 Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $199,000
Annual Revenue: $662,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 5
BBN Listing #: 930911533
Broker Reference #: 3659

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Business Overview:

Italian Restaurant, 20 Year Lease! Est 1996.OPEN WEEKDAYS LUNCH ONLY. Seller Financing!

RRC#: 3659
Price Reduced: Offered at $199,000
Location: santa clara county
Annual revenue: $662,000
Annual cash flow: contact for info
Monthly rent: tbd

Listing description:
Calling all Culinary Entrepreneurs!!

Have you dreamed of wanting to get your restaurant up and running and ready for customers? If so, this authentic Italian restaurant is just for you. Restaurant comes with fully equipped kitchen with seating of up to 124 guests. The banquet facility is a great space for entertaining and is an added bonus. In-dining restaurant isn't your only option! Menu can be changed & rebranded. The options are endless! Do you need a kitchen/space to fulfill your food truck dreams? This location is just the place! Food truck parking with commissary/ghost kitchen option can make the dream a reality.

Located in the heart of Silicon Valley, the location and demographics are awesome! Surrounded by tech giants like Google, Facebook, Yahoo! and more. Restaurant and bathroom has met guidelines required by the Certified Access Specialist Property Inspection (CASp) and Santa Clara County Healthy Department.

Seller is willing to offer competitive, below market rent. Opened in 1996. Authentic Italian restaurant generating yearly sales of $650K. SELLER FINANCING available for qualified buyer!! Open short hours (5 days a week from 11-3pm). HUGE upside to open evenings and weekends !! Seller is Landlord/owner of the building and willing to offer 20 year LEASE to qualified buyer. Comes with fully equipped kitchen, with seating for 124 guests ! More extensive equipment list upon request. Type 41 License. Could be re-branded, lots of upside if buyer were to open for dinner! Newly renovated!

Third generation restaurant looking to sell, looking to retire. For the right buyer sellers are willing to start below market rent. Menu can be maintained, changed, re-branded. The location and demographics are awesome, in the HEART of Silicon Valley. Surrounded by tech giants like GOOGLE, FACEBOOK, YAHOO, and more !! Great for experienced operator with a social media background, culinary skills and private event experience who can really exploit this opportunity. MUST SEE!! Calling all Culinary Entrepreneurs !!

Please sign and date the non-disclosure agreement below. For more information feel free to reach out to me.

General information:
Organization: sole proprietorship
Established: 1996
Current owner: 1996
Employees: 5
Reason for sale: retirement

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Property Features and Assets:

Hours: Monday - Friday 11am - 3pm; Parking: street and parking lot; Seating: 124; Square Feet: 3,100.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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