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American Restaurant

  • Status: Available
  • Price: $1,500,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4298
  • Status: Available
  • Area: Santa Clara County
  • Price: $1,500,000

Description

Owner Operator Makes

$500,000/YEARLY Net Income

 

This is an excellent premium American restaurant in the heart of Santa Clara County. The owner claims 180,000 per month. 5000 square-foot business open 10 AM to 10 PM with a payroll of $65,000 per month. The rent is 21,000 including NNN. The owner is absentee and has a manager and shift manager. Owner-operator can easily make close to $500k net each year. Buyer must show $400,000 proof of fund.

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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