Description About This Posting: Restaurant- Breakfast And Lunch - Two
2 Established Silicon Valley Breakfast and Lunch Businesses; $5.5 Million Sales, $758,000 Profit
Asking Price: Offered At $1,795,000
Location: Santa Clara County Annual Revenue: $5,519,000
Annual Cash Flow: $758,000
Monthly Rent: $14,421 / $21,504
Two extremely well-located Silicon Valley restaurants (San Mateo County and Santa Clara County) in highly desirable areas in the heart of Silicon Valley. Both locations are beneficiaries of the high growth technology expansion adding hundreds of thousands of new jobs in each area with new industrial, office, retail and multi-unit residential building underway. Both restaurants have the same name, menu and proprietary items and one location has been in business for over 20 years and the other location close to 20 years under the same ownership. The restaurants have had a continued history of strong sales and profits. The strengths of the restaurants are as follows: a. open 7 days per week, 7a-2p (one shift) and closed only 2 days per year, b. mobile optimized and commerce-enabled website (DoorDash, UberEats, gift cards, etc.), c. great social media ratings and comments from customers, d. exceptional location for business lunch and family breakfast/brunch, e. easy parking and contiguous retail, f. each located in a wealthy demographic that is willing to spending on dining out, g. turn-key operation and marketing programs in place and h. happy and motivated long-term employees. Both restaurants have spacious comfortable homey dining rooms with a combination of tables and chairs and booth seating plus some counter seating. Each restaurant has outdoor seating with umbrellas. Both restaurants have ADA restrooms, employee bathrooms with employee lockers, office areas, storage rooms, dishwashing areas, prep kitchens and full cooking lines. Some of the equipment at each restaurant include as follows: two long type 1 hoods with fire suppression systems, several flat grills, a char grill, double basket fryers, convection ovens, waffle irons, cheese melters, walkin refrigerators, extensive under counter refrigeration, stand up full door refrigerators and freezers, rotary toasters, espresso machines, coffee grinders, coffee equipment, POS systems, hand sinks, mop sinks, 3 compartment sinks and utility sinks. A hands on owner operator could reduce some of the management costs and increase the profitability of the restaurants.
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests
To get more information about this Restaurant- Breakfast And Lunch - Two 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 #251079 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant- Breakfast And Lunch - Two , 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
With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
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.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
People always need to eat; there should be plenty of business. Some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program at 866-270-6278) reviews this topic.
What you will read in this BizBen blog post you will probably not find in any manual or set of instructions provided by the ABC (liquor licenses in California). This blog post by Jeff Back (SF Bay Area Restaurant Broker Specialist) at 925-736-8200 discusses this topic of liquor licenses in detail.
Jim Saxton - 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. 925-787-0770.
In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 866-270-6278) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.
Jeff Back (925-736-8200), a SF Bay Area broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale. Do the restaurants you're thinking of purchasing have good Karma? See Jeff's insights into this topic on restaurant karma.
Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 866-270-6278 covers this topic for buyers.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
This informative 40 minute interview/webinar about buying & selling restaurants in San Francisco with restaurant broker specialist Cheryl Maloney is a real eye opener for restaurant buyers and sellers. Cheryl gives great advice to both buyers and sellers from her years of experience in the industry.