Hot Market - San Jose - 4000 sq ft + Large Front Patio

San Jose, CA (Santa Clara County)

Hot Market - San Jose - 4000 sq ft + Large Front Patio
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Asking Price: $375,000

Cash Flow: N/A

Gross Revenue: $1,830,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Hot Market - San Jose - 4000 sq ft + Large Front Patio

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Business Description

Hot Market - San Jose - 4000 sq ft + Large Front Patio - ABC Hard Liquor License - Bar & Restaurant

RRC#: 3405
Asking Price: Offered At $375000
Location: San Jose, Santa Clara County
Annual Revenue: $1,830,000
Annual Cash Flow: Contact For Info
Monthly Rent: $14,000 including NNN

Listing Description:
$375000 asking price for this 4,000 square feet bar & restaurant with a large front patio. Annual sales in excess of $1.8 million with so much scope to increase. Built just 3 years ago and although fairly successful, the current owner lives too far away to manage the daily operation effectively. Dining room seating for 120 plus 14 stools at the bar and a further 100 on the attractive outdoor patio. Built in 2017 this modern bar and restaurant boasts an ABC type 47 hard liquor license which is included in the price. The all well designed stainless steel kitchen with a full line of stoves under a 20ft type 1 hood with fire suppression system, large walk-in cold room and walk-in freezer plus all the hot line and prep equipment necessary to operate a busy restaurant business. The attractive front of the restaurant patio with it’s auto sun screens and seating for 100 is a really cool addition to this all year round climate bay area. Over $2 million cost to build out in 2017, this is such an amazing price for the concept, equipment and ABC hard liquor license. Complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & list of equipment included with the sale. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more details.

General Information:
Organization: Inc
Established: 2017
Current Owner: 2017
Employees: 25
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: $1,830,000
Annual Cash Flow: Contact For Info
Payroll: $73,166
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

Detailed Information

Location:
San Jose, CA
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Contact the Seller

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Listing Statistics

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Demographic Information

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