Popular Restaurant with Bar centrally located.

Not Disclosed, CA
Santa Clara County


Asking Price: Annual Revenue:
$395,000 $826,446

Food & Beverage: Bars, Clubs, Nightspots


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RE: Popular Restaurant with Bar centrally located. Broker: Michael Floorman
License #: 011606561

Quick Facts

Asking Price: $395,000
Annual Revenue: $826,446
Net Profit: $138,118
Cash Flow: $138,118
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: 22
BBN Listing #: 7642931
Broker Reference #: 10089

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Business Overview:

This popular restaurant and bar are located in a busy part of downtown Gilroy in a corner anchor building in south Santa Clara County. The restaurant is approx. 4000 sq/ft of space. The restaurant serves traditional American and local cuisine with a large full liquor/wine/beer licensed bar. Entertainment area with a performance stage for a band. The restaurant and bar is popular with local residents & visitors to the area. The restaurant is fully equipped with commercial hoods, walk-in frig, and freezer. The restaurant is well established with +25 years of history. An area adjacent to the restaurant has new homes being built increasing potential sales in the future. BTI#10089

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Property Features and Assets:

Inventory $3999 Not included Assets Not Included: dishwasher, breathalizer, speakers and jukebox

Reason for Selling:

Retirement

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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