Restaurant  •  $350,000

Location: Los Gatos
Seller: Steve Zimmerman
Phone: 415-945-9701

Business Summary
Landmark Restaurant - Prime Demographics - 1M Sales - 195K Profit

Rrc# 1361
Offered At: 350,000
Location: Los Gatos, Santa Clara, California
Revenue: 88,290 / Month
Cash Flow: 15,888 / Month

Listing Description:
Located In High Demographics Neighborhood, This Is An Opportunity To Buy A Long Established Turn-Key Operation And A Community Institution In A Busy, Very Desirable Shopping Center. Menu, Concept, Recipes And Business Name Are All Part Of The Sale. The Sales Are Very Consistent Year After Year Which Have Not Felt The Effects Of The Present Economy. The Front Service Counter And Register Area Features A Soda Dispenser, Double Coffee Machines And Hand Sink. The Line Cook Area Has A 12’ Type 1 Hood, 6-Burner Range With Oven, Double Fryer, 4’ Griddle, 2’ Broiler, Convection Oven, Microwave, Two Soup Warmers, 6- Drawer Pizza Prep Fridge, 2- Door Pizza Prep., 2-Door Salad Prep Table And A Single Compartment Prep Sink. A Prep. Room Has A Walk-In Cooler, Slicer, Large Mixer, 1-Door Under Counter Freezer, 2-Compartment Sink And Dishwasher Station. This Is An Excellent Opportunity To Acquire A Profitable Business, With Consistent Sales And A Loyal Clientele, Ideal For A Hands On Owner Operator Or Partnership.

General Information:
Organization: Sole Proprietorship
Seating: 78
Square Foot/Size: 3,133
Parking: Parking Lot
License(S) Required: Business, Type 41 Beer & Wine
Days Open/Hours: Mon-Sat 6:30-8:30, Sun 6:30-2:30

Lease Information:
Lease Rent: 12,474 All Inclusive
Lease Expiration: 12/31/2011
Yearly Adjustment: 3.5%
Lease Option: 5 Years + 5 Years
Security Deposit: 4,700.