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For Sale: Restaurant, Bar - Santa Clara County


Current Status: Active     Posting #: 253164     Last Refreshed: 5/9/22    
Contact: Edmond Evan At 408-921-3590 Cell  -  Also Email This Contact Below
Asking Price:  $1,350,000     Down Payment:  Call     Annual SDC:  $300,000     Annual Gross:  $3,267,000    
Attributes:  Broker-Broker Coop, Semi-Absentee Run, Training & Support, SBA Loan Pre-Qualified
SBA APPROVED
Semi absentee owner. A well established, turnkey, and high-profit upscale restaurant and bar in a unique location is for sale. The restaurant was established in 2006, seller will provide clean books, verifiable financials, and provable cash-flow.

Jan 1-Jan 31, 2021 Total Revenue $116,862.50
Feb 1-Feb 28, 2021 Total Revenue $219,546.15
Mar 1-Mar 31, 2021 Total Revenue $296,237.04
Apr 1-Apr 30, 2021 Total Revenue $ 323,970.68
May1-May31, 2021 Total Revenue $375,000.00

Family-owned, neighborhood restaurant that has a menu of favorites, an ever-changing list of daily specials, a full bar, and very friendly staff. The restaurant is perfect for those who are looking for delicious lunch, dinner or event accommodations. The banquet facility is large enough to host parties, receptions and business meetings.

Banquet/private room, bar dining, full bar/lounge, dancing, entertainment, happy hour, late night, patio/outdoor dining, personal wines welcome
(corkage fee applies), private room, takeout, weekend brunch, wheelchair access, wine, wine bar.

Years in business: 15 years.
Annual revenue: $3,267,000
Annual net profit: $300,000.
Square footage: 6500.
Rent: $17,500 including nnn.
Lease term: 5 years . Seller will have the landlord to extend for an additional 5 years.
Number of employees: 40
2 full-time managers, 10 full-time, and 28 part-time employees.
Seller to carry the loan for the qualify buyers with restaurant experience.

To get more information about this Restaurant, Bar business for sale in Santa Clara County please phone Edmond Evan (Intermediary, Agent - BRE License #:01504991) at 408-921-3590 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253164 on BizBen.com. In addition to phoning Edmond Evan, make sure you email Edmond Evan above to get more info about this Restaurant, Bar, to ask any questions or request an appointment to see this business for sale. Thank you.


Email Edmond Evan Below About This Posting




No Spam
For Best Results & Response, Email & Phone This Contact: Edmond Evan at 408-921-3590 Cell.



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