$2,500,000
American Restaurant
- Status: Expired
- Price: $300,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
Owner Operator Makes
$500,000/YEARLY Net Income
This is a fantastic premium American restaurant located in the heart of Santa Clara County, in a fantastic shopping mall. The owner claims he spent more than $1,600,000 on this 5000-square-foot restaurant. The monthly revenue was more than $180,000, with a net of $500,000 per year.The rent is $21,000 plus NNN. The owner had lost his management team and was facing closure on October 23. The business has a full liquor license, and the seller is willing to help the new owner. The new owner operator must pay a security deposit of $100,000 and take over the operation immediately. Owner will finance the sale for the right operator.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Restaurant
License(s) Required:
Business, Heath
Hours of Operation:
10 AM to 10 PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4298
Date Available:
07/20/2023
Reason For Sale:
owner lives to far
Financial Information
- Annual Total:
- 2,160,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- 65,000
Lease Information
- Base Rent:
- 21,000
- Lease Expires:
- Lease Option:
- NNN:
- included
Financing Information
- Down Payment:
- 500,000
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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