Power Realty & Investments
San Jose, CA
This is a unique opportunity to own a long established Mexican Food Restaurant with a prefect ambiance for the dinning family and lunch for the working crowd. Situated in a small shopping center just yards from a new elementary school and a bank. This is a landmark restaurant that has been in business for over 20 years. The loyalty of our customers and their friends allows to minimize advertising overhead, but it's up to you to take it further! There is always room for improvement, and catering is one of the areas the new management could work on to provide a solid platform to escalate sales in all categories.
This is a gold mine., here is the main value in this business. The lease on this business is $340.00 per month. Yes that's right ( three hundred forty dollars) per month. That includes water and electricity, the only additional utility cost is your phone line. This business is currently being operated by two elderly couple and they are very limited in their capabilities. The building was just purchased by a new owner and they have started remodeling and actively filling up office spaces. Currently there are about 5 very large offices vacant. The leasing manager is actively working on bringing in the right clients. Currently most of the tenants are attorney's, accountants and bankers. This is business is doing great in its current status in the new future as there is 100 percent occupancy the deli business should triple. If you are in the food business you will know the value of this business. Currently there is 5 years left on the lease and landlord is willing to add options to the right buyer.
This business currently with the limited capabilities averages $300 each day. When the building has had higher occupancy the deli has hit $600 days.
Here is a great opportunity to take over an existing business or convert to a new concept. Ideal location for a Nightclub.or lounge Liquor license included. Buyer must qualify.
SAn Jose, CA
san jose, CA
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