Owner Financing.. Authentic Cajun Restaurant Type 47 Lic Downtown... Must See !!!!!
Asking Price: $200,000
Location: South Bay, Santa Clara County, California
Yearly Revenue: $540,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 8,225 + $310/ mo.
... 200k!!!...100k downpayment, seller will carry a note balance of 100k.... Opportunity is knocking...Authentic Cajun restaurant serving classic New Orleans menu located on a very busy street with lots of foot traffic. Fabulous downtown location!!! Very busy both daytime and nighttime. Type 47 license serving creative cocktails with live music several nights per week. Popular happy hour, especially during game time for any sports. Several TV''s Seats 122 inside in an attractive dining room and bar with an ambiance of old New Orleans with 12 seats in outside patio. Fully equipped kitchen and bar. A more detailed list of the equipment is available. Private banquet room. Perfect for the experienced chef who is looking for a turn key operation with upside for expansion. Other concepts and menus can easily be implemented as you have a fully equipped kitchen and no landlord restrictions to menu.
Organization: LLC | Current Owner: 2013 | Employees: 5 full time + owner is full time | Seating: 122 | Square Footage: 3,000 | Parking: public lot parking with validation and street parking | Licenses Required: Business, Health ABC # 47 | Days Open/Hours: 11am to 2pm 4pm to 10pm | Reason For Sale: Other Interests |
Yearly Revenues: $540,000 | Payroll: $16,000 |
Monthly Rent: 8,225 + $310/ mo. | Lease Expiration: 4 years | Yearly Adjustment: 3% annualy | Lease Option: 5 year option | Security Deposit: 10,000 |
Rate/Term of Note: 100k for 36 months |
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