1330 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$250,000
Revenue$1,126,512 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Popular Santa Clara County Restaurant & Bar $1.1 Million Sales Seller Financing

RRC#: 2374
Asking Price: $250,000
Location: Santa Clara, Santa Clara County, California
Yearly Revenue: $1,126,512
Yearly Cash Flow: Contact For Info
Monthly Rent: $8,985

This Bay Area, South County restaurant and bar''s location has a charming small town atmosphere which is bustling with activity due to its proximity to Silicon Valley. It has consistently grossed over $1MM in yearly sales. It has a fully equipped kitchen, below market rent and over fifty years of goodwill. The current owner is selling after over thirty years due to some health issues. A new lease is available and the owner is willing to finance up to $75,000 for a qualified buyer amortized over 30 months at 6% interest with monthly payments of $2,698.42. The location consists of 6,000 sq ft including a large dinning room, bar, outdoor patio and large kitchen. There is a city parking lot adjacent to the building. This is a great opportunity for an experienced restaurateur to move into a well established location. The locals make this a great bar business. ABC type 47 License. There are 3 Vulcan Ranges with Ovens, 2 Ansul System hoods (10'' &7''), 2 Vulcan Griddles, 2 Sandwich Prep Tables as well as lengthy list of other equipment. The business name, recipes and buyer training would all be included in the sale. NO BROKER COOP.

Organization: Corporation | Year Established: 1960 | Current Owner: 1985 | Employees: 6 Full Time, 18 Part Time | Seating: 127 | Square Footage: 6000 | Parking: Parking Lot | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 6 / Tues - Fri 11:30a -9p SA Noon - 9:00p Sun Noon - 8p | Reason For Sale: Other Interests |

Yearly Revenues: $1,126,512 |

Monthly Rent: $8,985 | Lease Expiration: 9/30/2018 | Yearly Adjustment: Fixed increases | Lease Option: Negotiable | Security Deposit: 4,950 |

Down Payment Required: 175000 |
Ad #77715
Seller Reference #2374
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
Steve Zimmerman, CBB, CBI
Restaurant Realty Company
Email Address