Large, elegant restaurant that regularly hosts live music and private events such as rehearsal dinners and large parties. This free-standing restaurant is located in the South Bay Area of Silicon Valley, close to the new Apple campus. It features a front dining room that seats 42, a bar/lounge area that seats 40, and a main dining area that seats 125. The outside garden area seats 35. The restaurant is situated on approximately 1 acre of land, and has its own parking lot that can accommodate ~70 cars. Currently, the restaurant serves a buffet lunch Monday-Friday, and serves dinner 7 nights a week. The space can accommodate restaurant customers and private parties simultaneously. Can accommodate seating up to 250 for private events. There is also a catering component to the business. It has a type 47 full liquor license. The bar/lounge area has 2 flat screen televisions. The restaurant has a large kitchen, and includes the following equipment: espresso machine, tap system for 6 beers, fountain soda at bar, ice machine, dishwasher, 3-compartment sink, water softener, fryer, Hobart mixer, dry storage area, wine closet for red wine, walk-in refrigerator for white wine and champagne, office area, walk-in refrigerator with walk-in freezer, tandoori oven, 2-door under-counter refrigerator prep station, one 6' grill and one 4' grill, 20' hood, 10 burner stove, 2 ovens.

General Info

  • OrganizationContact For Info
  • Established2007
  • Current Owner2007
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating165 Indoor 35 Outdoor
  • Square FeetBuilding 5900, Lot 50,000
  • ParkingParking Lot
  • LicensesABC Type 47, Health and Business
  • Open Hours11:30am - 9:30pm Sunday- Thursday 11:30am-11:30pm Friday/Saturday

Lease

  • Rent$18,859
  • Expiration2022
  • Yearly IncreaseContact For Info
  • Option2 five year options
  • Deposit13,500

Financials

  • Monthly Revenue$141,135
  • Monthly Cash Flow$18,060
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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