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For Sale: Indian Restaurant - San Jose, Santa Clara County


Current Status: Active     Posting #: 252849     Last Refreshed: 5/8/20    
Contact: Maggy Slavova At 408-829-2315  -  Also Email This Contact Below
Price:  $180,000     Down:  Call     Adjusted Net:  Call     Revenue:  $600,000    
Business Address:  None Given     City:  San Jose     Zip:  95131    
Attributes:  Training & Support     Cooperation With Brokers?  Yes
San Jose, Santa Clara County Indian Restaurant Business For Sale

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For Best Results & Response, Email & Phone This Contact: Maggy Slavova at 408-829-2315.

  Description About This Posting: Indian Restaurant
Property profile:

Centrally located near major business shopping center, this Indian restaurant is a turn-key restaurant with huge potential. It seats 64 guests with additional permitted patio for 12. The restaurant has a full kitchen with average size hood, walk-in cooler and freezer, ice machine, stove, deep fryer, tandoor ovens, professional dough mixer, dishwasher, system of required sinks, preparation tables, salad bar, buffet with 9-well steam table. Additional storage space and the grease trap are located in the back yard. Two TV stations with sound system in the dining room, private office with security system, ADA bathroom. Rent is very reasonable; the lease has a one 5-year option to extend. The location will be perfect for any type of food. NDA is required.

General information:

Location: free standing building
Co-tenants: other business
Signage: building signage
Ownership: corporation
Seating: 64 seats inside, 12 seats patio
Size: 2,200 sq. ft.
Parking: street & front of building
License(s): business, BOE, ABC 41
Open: 7 days per week.
Reason for sale: other interests

Lease Information:
Lease/rent: approximately $5,725 / CAM $1,350
Lease expiration: 2023
Yearly adjustment 3%
Lease option: 1 x 5-year option
Security deposit: $15,000

Financial Information:
Revenue: to qualified buyers
Cash flow: to qualified buyers
Equipment/ inventory: equipment list
Payroll: 4 full-time employees
Franchise royalties: N/A
Expenses: rent, utilities, insurance, maintenance
New terms: all cash

To get more information about this Indian Restaurant business for sale in San Jose, Santa Clara County please phone Maggy Slavova (Broker - BRE License #:01387995) at 408-829-2315 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252849 on BizBen.com. In addition to phoning Maggy Slavova, make sure you email Maggy Slavova above to get more info about this Indian Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

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