Description About This Posting: Italian Restaurant
Prime Downtown Peninsula Location; $1.1+Million Sales, $115,000 Profit
Asking Price: Offered At $199,500
Location: Santa Clara County
Annual Revenue: $1,132,881
Annual Cash Flow: $115,000
Monthly Rent: $10,516
Italian restaurant located on a busy downtown street in an affluent peninsula community. This restaurant is located on a corner of a main commercial street, with lots of foot traffic going to nearby retail and food establishments.
The restaurant serves Italian classics and has a strong local following. The downstairs, street-level space seats 60; the upstairs loft seats 16; the outside area seats 12. There is a pizza oven situated near the bar area in the front of the space, and an open kitchen near the back. There is tremendous opportunity for a new owner to leverage the spaciousness and excellent location of the restaurant. Although the restaurant is currently profitable, a more contemporary concept has the potential to be even more successful. The restaurant's open kitchen comes equipped with 20 hood, two 6 burner stoves, fryer, grill, convection oven, three 2 door under counter refrigerators prep station, 1 and 2 compartment prep sinks, ice machine, dishwasher, 2 door reach in refrigerator, slicer, 1 door reach in refrigerator, 1 door reach in freezer, back yard area with a walk in refrigerator and storage, espresso machine, 1 door under counter refrigerator, hand washing sink, wine rack on lobby wall , two bathrooms, and flat screen TV.
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests
To get more information about this Italian Restaurant business for sale in
Santa Clara County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250036 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Italian Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
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I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.
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