Prime Downtown Peninsula Location; $1.1+Million Sales

Santa Clara, CA (Santa Clara County)

Prime Downtown Peninsula Location; $1.1+Million Sales
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Asking Price: $199,500

Cash Flow: $115,000

Gross Revenue: $1,132,881

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Prime Downtown Peninsula Location; $1.1+Million Sales

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Business Description

Prime Downtown Peninsula Location; $1.1+Million Sales, $115,000 Profit

RRC#: 3224
Asking Price: Offered At $199,500
Location: Santa Clara County
Annual Revenue: $1,132,881
Annual Cash Flow: $115,000
Monthly Rent: $10,516

Listing Description:
Italian restaurant located on a busy downtown street in an affluent peninsula community. This restaurant is located on a corner of a main commercial street, with lots of foot traffic going to nearby retail and food establishments.
The restaurant serves Italian classics and has a strong local following. The downstairs, street-level space seats 60; the upstairs loft seats 16; the outside area seats 12. There is a pizza oven situated near the bar area in the front of the space, and an open kitchen near the back. There is tremendous opportunity for a new owner to leverage the spaciousness and excellent location of the restaurant. Although the restaurant is currently profitable, a more contemporary concept has the potential to be even more successful. The restaurant's open kitchen comes equipped with 20 hood, two 6 burner stoves, fryer, grill, convection oven, three 2 door under counter refrigerators prep station, 1 and 2 compartment prep sinks, ice machine, dishwasher, 2 door reach in refrigerator, slicer, 1 door reach in refrigerator, 1 door reach in freezer, back yard area with a walk in refrigerator and storage, espresso machine, 1 door under counter refrigerator, hand washing sink, wine rack on lobby wall , two bathrooms, and flat screen TV.

General Information:
Organization: Inc
Established: 2005
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $94,406
Monthly Cash Flow: $9,583
Annual Revenue: $1,132,881
Annual Cash Flow: $115,000
Payroll: Contact For Info
Monthly Revenue: $94,406
Monthly Cash Flow: $9,583

Detailed Information

Location:
Santa Clara, 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.

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