Business For Sale

Upscale Steakhouses, increasing cash flow!

Santa Clara, CA
Santa Clara County

Bay Area


Asking Price: Annual Revenue:
$2,400,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale Steakhouses, increasing cash flow! Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $2,400,000
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: 2
Employees: Not Disclosed
BBN Listing #: 3277931
Broker Reference #: 8618 and 8619

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Business Overview:

Two elegant steakhouses with increasing cash flow are currently for sale at prime locations in Fremont (5,600 square feet) and Santa Clara (6,200 square feet). Established in 2017 and 2018, both locations offer live music on Thursdays and a “Top Premium Spirits two-for-one night” on Mondays. Large outdoor patios with heaters provide additional seating. The current owner is a hospitality developer (this is his first venture into the restaurant business) and though he has invested $2M in each location has found he is unable to devote sufficient management time to bring them to their full potential. VERY MOTIVATED TO SELL QUICKLY! Will consider early possession.

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Reason for Selling:

Focus on other business.

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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