Two extremely well-located restaurants in highly desirable areas in the heart of Silicon Valley. Both locations are beneficiaries of the high growth technology expansion adding hundreds of thousands of new jobs in each area with new industrial, office, retail and multi-unit residential building underway. Both restaurants have the same name, menu and proprietary items and one location has been in business for over 20 years and the other location close to 20 years under the same ownership. The restaurants have had a continued history of strong sales and profits. The strengths of the restaurants are as follows: a. open 7 days per week, 7a-2p (one shift) and closed only 2 days per year, b. mobile optimized and commerce-enabled website (DoorDash, UberEats, gift cards, etc.), c. great social media ratings and comments from customers, d. exceptional location for business lunch and family breakfast/brunch, e. easy parking and contiguous retail, f. each located in a wealthy demographic that is willing to spending on dining out, g. turn-key operation and marketing programs in place and h. happy and motivated long-term employees. Both restaurants have spacious comfortable homey dining rooms with a combination of tables and chairs and booth seating plus some counter seating. Each restaurant has outdoor seating with umbrellas. Both restaurants have ADA restrooms, employee bathrooms with employee lockers, office areas, storage rooms, dishwashing areas, prep kitchens and full cooking lines. Some of the equipment at each restaurant include as follows: two long type 1 hoods with fire suppression systems, several flat grills, a char grill, double basket fryers, convection ovens, waffle irons, cheese melters, walkin refrigerators, extensive under counter refrigeration, stand up full door refrigerators and freezers, rotary toasters, espresso machines, coffee grinders, coffee equipment, POS systems, hand sinks, mop sinks, 3 compartment sinks and utility sinks. A hands on owner operator could reduce some of the management costs and increase the profitability of the restaurants

General Info

  • OrganizationCorporation
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating140 + 25 outdoor seats; 122 + 48 outdoor seats
  • Square Feetapprox 5,400 / 4,700 + both have outdoor seating
  • ParkingParking lot / lots of parking in the area
  • LicensesBusiness
  • Open Hours7 / 7a-2a

Lease

  • Rent$14,421 / $21,504
  • Expiration2027 / 2029
  • Yearly Increase3% / 2.5%-4.5%
  • Option5 years / 2 - Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$459,917
  • Monthly Cash Flow$63,166
  • Annual Revenue$5,519,000
  • Annual Cash Flow$758,000
  • Payroll$Contact 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.

Location