957 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$199,500
Revenue$1,132,881 EstablishedUndisclosed
Cash Flow$115,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
IN ESCROW

Prime Downtown Peninsula Location; $1.1+Million Sales, $115,000 Profit

RRC#: 3224
Asking Price: Offered At $199,500
Location: Santa Clara County
Annual Revenue: $1,132,881
Annual Cash Flow: $115,000
Monthly Rent: $10,516

Listing Description:
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.

General Information:
Organization: Inc
Established: 2005
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $94,406
Monthly Cash Flow: $9,583
Annual Revenue: $1,132,881
Annual Cash Flow: $115,000
Payroll: Contact For Info
Monthly Revenue: $94,406
Monthly Cash Flow: $9,583
Ad #109168
Seller Reference #3224
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
Name
Email Address
Message