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For Sale: Restaurant - Absentee Run, Well Established - San Jose, Santa Clara County, California

$999,000.00

Asking Price

  • Address: San Jose,

  • Status: In Escrow

  • Posting ID: 247457

  • 10/6/22

Description

Great trendy Bay Area restaurant for sale with maximum upside potential. This restaurant has been offering savoury breakfast, lunch, and dinner options to its customers for over 15 years. It has been running in full swing by 100% absentee owners. It is located in a growing metro area in Silicon Valley and has a loyal staff as well as a devoted customer base. The unprecedented appeal and potential of this restaurant have allowed it to remain fully active and engaged with its surrounding community. The restaurant has enjoyed an advantageous favourable long-term lease. There is a full kitchen, an inviting dining area, and ample parking space for clientele. The restaurant has a strikingly charming atmosphere coupled with exceptional service. Definitely a tremendous opportunity for a business with room for growth.

Beer and wine. Well established. Delicious menu/absentee owner operator. Extremely profitable. Simple and effortless for the new owner to understand the daily operations of the business. Seller to carry the loan for a well-qualified buyer with Restaurant experience.

The asking price: is $999,000.00
Annual revenue: $3,200,000
Annual net profit: $300,000
5,800 sq. Ft., free-standing building
18,400 monthly rent including nnn
The 15-year lease with a 1 % annual rent increase.

To get more information about this Restaurant - Absentee Run, Well Established business for sale in San Jose, 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 #247457 on BizBen.com. In addition to phoning Edmond Evan, make sure you email Edmond Evan above to get more info about this Restaurant - Absentee Run, Well Established, to ask any questions or request an appointment to see this business for sale. Thank you.

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Contact

  1. Name: Edmond Evan
  2. phone iconPhone: 408-921-3590 Cell

Details

  1. Asking Price: $999,000.00

  2. Down: Call / Email

  3. Cash Flow: $300,000.00

  4. Revenue:    $3,200,000.00

  1. Area: San Jose, Santa Clara County

  2. City: San Jose

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & Support

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