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San Jose, CA
This Franchisor has earned a reputation within the dynamic hospitality industry as an authority and preferred partner to leading international hotel companies (Marriott, Hilton, Hyatt, Fairmont, Wyndam, Best Western). Franchisee's help their customers maintain their properties to very strict standards by deep cleaning and increasing their profitability. Founded in 1991 the franchisor's price of $145,600 includes $29,500 in Inventory and working capital of $15,000 for new franchisee. Description of exclusive territories available after receiving initial contact form. Initial contact form available by request. Note: The first franchisee to buy will have selection of location. The franchisor will consider a discount for a qualified franchisee who wants both exclusive territories. Details to be discussed direct with Franchisor.
San Jose, CA
Low Rent - Prime City Center Restaurant Location - Seller Carry - In The Heart Of San Jose RRC#: 2187 Asking Price: $195,000 Location: 185 Park Avenue, San Jose, California Yearly Revenue: $240,000 Yearly Cash Flow: $72,000 Monthly Rent: $2,645 LISTING DESCRIPTION: Seller may cary a note for part of the asking price to well qualified buyers! Adobe Systems, BEA Systems, the San Jose Museum of Art, the Children''s Discovery Museum of San Jose, the Tech Museum of Innovation, the San Jose Museum of Quilts & Textiles, the San Jose Repertory Theatre, the San Jose Stage Company, the historic De Anza Hotel, the Fairmont Hotel, the Cathedral Basilica of St. Joseph, the campus of San Jose State University and the Dr. Martin Luther King, Jr. Library are all institutions that make up the commerce of downtown San Jose. With a population in excess of 1 million San Jose is the third largest city in California and the county seat of Santa Clara County. Currently only open from 11am to 3pm, Monday to Friday and closed at weekends this restaurant has such an opportunity for growth. It would also suit most kinds of menu and could so easily be transformed into an Italian, French, Chinese or even a Fast Food restaurant. There are many major restaurants, Morton''s Steakhouse and Scott''s Seafood just a few of blocks away. At 1700 sq ft this a nice manageable sized restaurant and would suit a first time buyer with restaurant experience. There are 50 seats plus an outdoor walkway patio with a very nice kitchen, so if a new owner opened for business in the evening and weekends like the other restaurant nearby, it should double it''s current annual sales and achieve $500k-$1million in the future. The kitchen includes: A 12 ft extraction s/s Type 1 hood with fire suppressant system, prep refrigerated lowboy, double deep fryer, 6 burner Garland stove griddle and double oven, char-broiler, walk in fridge and separate walk in freezer, 2 door stand up fridge, 3 compartment steam table and ample s/s prep tables, office and storage. The dining room is tastefully decorated to suit many types of menu operations and the outdoor patio is a bonus and used daily. An ABC type 41 beer and wine license is included with the sale which altogether make up one of San Jose''s best City Center restaurant business opportunities. Complete the ‘Confidential Information’ request at the top of this page and we will send you the name and address of this business plus the financials & the lease. We will also send you the broker contact information so you can discuss this opportunity in more detail. GENERAL INFORMATION: Organization: LLC | Year Established: 1990 | Current Owner: 2013 | Employees: 2 | Seating: 50 + Patio | Square Footage: 1712 | Parking: Parking Lot Validation | Licenses Required: Health, Business and ABC Type 41 beer and wine | Days Open/Hours: 11am - 3pm Mon-Fri | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $240,000 | Yearly Cash Flow: $72,000 | Payroll: $1000 | LEASE INFORMATION: Monthly Rent: $2,645 | Lease Expiration: 2017 | Lease Option: 5 years | Security Deposit: 5000 |
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