Newly Remodeled Restaurant/Bar; $1.3+Million Sales

Not Disclosed, CA
Santa Clara County

Asking Price: Annual Revenue:
$295,000 $1,385,313

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Newly Remodeled Restaurant/Bar; $1.3+Million Sales Broker: Steve Zimmerman

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,385,313
Net Profit: Not Disclosed
Cash Flow: $104,385
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 80811533
Broker Reference #: 3207

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Business Overview:

Newly Remodeled Restaurant/Bar; $1.3+Million Sales; Outdoor Patio

RRC#: 3207
Asking Price: Offered At $295,000
Location: Santa Clara County
Annual Revenue: $1,385,313
Annual Cash Flow: $104,385
Monthly Rent: $11,139

Listing Description:
Profitable Italian-American restaurant in the heart of Silicon Valley, located in the downtown area of a South Bay Area city. The business is well-established in the area, but moved to a brand-new location with all new equipment and a new build out 3 years ago. The future next owner will find a turn-key operation with $1.3 million in sales in 2017. The restaurant has a Type 47 full liquor license, and about 22% of its sales come from alcohol. The bar area has a 6 tap beer system, beer keg cooler and two beverage coolers as well as a espresso machine and flat screen TV.

The interior furnishings are on trend, featuring a blend of historic and contemporary features. The dining and bar areas seat 80, and the outdoor space seats up to 30. The chef’s kitchen is large, and there is plenty of room for storage. There is a private, dedicated office in the back of the restaurant. In addition to two customer restrooms, there is also a private employee restroom.

The restaurant is surrounded by offices, and close to retail establishments. It is also near residential neighborhoods. As a result, it enjoys steady lunch and dinner business. There is street and garage public parking available on the adjacent streets.

The restaurant is equipped with the following; large walk in refrigerator, 20' type 1 hood, 2 door reach in freezer, charbroil grill, flat-top grill, 8 burner stove, 2 convection ovens, salamander oven, 4 drawer under counter refrigerator with prep station, 2 door under counter refrigerator with prep station, steam table, double stack Montague pizza oven, fryer, slicer, ice machine, hand washing sink, prep and 3 compartment sink, dishwasher, coffee brewer. The restaurant has a liquor room with locker.

General Information:
Organization: LLC
Established: 1995
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $115,416
Monthly Cash Flow: $8,750
Annual Revenue: $1,385,313
Annual Cash Flow: $104,385
Payroll: Contact For Info
Monthly Revenue: $115,416
Monthly Cash Flow: $8,750

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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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