Willow Glen restaurant and bar established 44 years

San Jose, CA (Santa Clara County)

Willow Glen  restaurant and bar established 44 years
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Asking Price: $735,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1974

Willow Glen restaurant and bar established 44 years

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Business Description

This is truly an opportunity of a life time to purchase a restaurant that has been in continuous operation for 44 years with the same family ownership in the Willow Glen area of San Jose. The restaurant is a landmark in the community and the owners are planning to retire. The restaurant enjoys a great lease and a very good relationship with their landlord. The restaurant has a full bar with a 47 liquor license, large full service kitchen and a dining room with booths and tables, and a patio. The menu consists of moderately priced Salads, Burgers, Sandwiches, main courses and a wonderful breakfast. The restaurant has very strong sales of approximately $2.0 Million annually and good profits.
Lease:
Rent: $6,890 monthly + reimbursement of $7,082 annually for taxes and sewer.
Term: Through September 2022 + options direct from landlord.

This is a confidential listing.

Detailed Information

Location:
San Jose, CA
Facilities:
Full kitchen and full bar with 47 license and outside patio
Competition:
Very strong location in Willow Glen section of San Jose
Growth & Expansion:
Progressive new management can offer new insights and fresh ideas. Add social media and catering.
Support & Training:
yes but this restaurant has a stable staff
Reason for Selling:
Retirement
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Jeff Back

Business Listed By:
Jeff Back

J. Back & Associates Restaurant Real Estate

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