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Restaurant, Bar For Sale - Los Gatos, California

Ad/Listing Information
 
Status: Off The Market
Location: Los Gatos
County: Santa Clara
City: Los Gatos
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $275,000
Down:      $275,000
Revenue:      $1,100,000
Adj. Net:      Breakeven
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Los Gatos Restaurant, Bar Business For Sale:

THE BUSINESS:
1. Full service restaurant and bar.
2. Located in downtown Los Gatos
3. Open 7 days only for dinner
4. Established since 1989
5. Ample parking and free!

THE FACILITY:
1. 3,700 Sq. Ft.
2. Up to 120 seats
3. Bar seats 18
4. Rent 14,800/Month vs. 7% of Gross Sales
5. Lease extends to 2021

THE BUYER PROFILE:
1. MUST BE A RESTAURANT PROFESSIONAL WITH GOOD CREDIT
2. OWNERS PREFER A RESTAURANT CONVERSION WITH THE PRESENT BUSINESS.


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