Mediteranean Cafe & Bar-w/$1.4MM SALES

Santa Clara County, CA

Mediteranean Cafe & Bar-w/$1.4MM SALES

Asking Price:$650,000

Cash Flow:$232,400

Gross Revenue:$1,473,580





Mediteranean Cafe & Bar-w/$1.4MM SALES

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Business Description

This South Bay restaurant specializes in excellent Mediterranean food and is located in a prime shopping area. Sales last year were $1.3MM and are on track for $1.47MM this year . There are seventeen years left on the lease with below market rent. Business has been pre-approved for SBA financing.

Detailed Information

Included in asking price
FT: 12, PT: 12
This beautiful restaurant has a separate bar, a banquet room and an outside patio with 800 sq ft. Total seating is 150.
Excellent location in a high traffic area.
Support & Training:
2 Weeks, 20 Hours Per Week.
Reason for Selling:
Moving out of state.

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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The California Association of Business Brokers (CABB).

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