Restaurant, Bar, Catering Facilities  •  $325,000

Location: San Jose
Seller: Steve Zimmerman
Phone: 415-945-9701

Business Summary
Established Restaurant W/ Bar And Catering Facilities In Popular Hotel

This Business Is Currently In Escrow

Rrc# 1348
Offered At: 325,000
Location: San Jose, Santa Clara, California
Revenue: 150,000 / Month
Lease Rent: 15,000 / Negotiable

Listing Description:
This Unique Opportunity Includes Operating A Well Known Restaurant In A Prime Location On The Ground Floor Of A Unique And Respected Hotel. The Operator Also Gets Use Of The Bar (Which Is Owned By The Hotel) For Servicing The Restaurant Alcoholic Beverages (And Gets To Participate In The Alcohol Revenues Generated For The Food Service Facilities), Use Of Several Banquet Rooms To Service Small Groups As Well As Groups Up To 150 And Does Room Service For The Hotel. The Restaurant Is Beautifully Designed And Includes An Attractive Dining Room, Full Kitchen, Display Kitchen And Prep Area. Some Of The Equipment Includes As Follows: 13' Type 1 Hood With Fire Suppression System, 6 Burners, 4 Drawer+ 1 Door Under-Counter Refrigerator + Sandwich Station, Double Basket Fryer, 3' Char-Grill, Salamander, 6 Burners, Slicer, 5 Hand Sinks, 2 - 6 Burner Units Over 2 Ovens, 3 Compartment Steam-Table, 3 - 2 Door Under-Counter Refrigerators (1 With Sandwich Station), 6 Under-Counter Refrigerator Drawers + Sandwich Station, 2 Service Stands, 2 Full Door Glass Refrigerators, 3 Group Espresso Machine, 2 Coffee Grinders, Wood Burning Oven, 3 Door Under-Counter Refrigerator + Sandwich Station, Walk-In Refrigerator, Walk-In Freezer, 2 Compartment Sink, 2 Compartment Stock Pot Sink, 2 Convection Ovens, Pos System With 3 Monitors And 4 Printers And 1 Door Under-Counter Refrigerator. There Is Also Several Storage Areas, An Office And The Restaurant Has Use Of The Hotels Restrooms. The Rent Is Negotiable Pending The Strength Of The Operator. The Landlord Will Most Likely Want A Market Minimum Rent To Be Negotiated Versus A Percentage Rent And Some Participation In The Nnn Expenses For The Space The Restaurant Occupies.

General Information:
Organization: Corporation
Seating: 130 + Banquet Rooms (Holding 150, 40, 50 And 65)
Square Foot/Size: 5,000
Parking: Street, Valet, And Parking Lot
License(S) Required: Business
Days Open/Hours: 7 / Lunch And Dinner Daily.