South Bay Restaurant & Bar - $1mm+ Sales

Santa Clara County, CA

South Bay Restaurant & Bar - $1mm+ Sales

Asking Price:$250,000

Cash Flow:$70,200

Gross Revenue:$979,197

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Lease Rate/Sq. Ft.:N/A

Established:1960

*not included in asking price.

South Bay Restaurant & Bar - $1mm+ Sales

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Business Description

This South County restaurant and bar consistently grosses over $1MM. 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 $100,000 for a qualified buyer.

Please refer to Listing ID - BTI 8324when contacting us. Thank you.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
FT: 6, PT: 18
Financing:
75000 at 6% for 30 months
Support & Training:
2 Weeks, 25 Hours Per Week.
Reason for Selling:
Ready for a change after 30+ years

Listing Statistics for Premium Members

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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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