This busy South Bay restaurant specializes in Mediterranean food and has a full bar & banquet room. It is located in prime shopping center in Santa Clara County. In addition to seating for 110 inside there's a 600 sq. ft. patio located in front with seating for 40. Some of the equipment includes as follows: type 1 hood with fire suppression system, 3' grill, 4' grill, 2; flat grill, 2' under counter freezer, full door freezer, double basket fryer, over with 6 burners, 2' flat iron grill, convection oven, 5; food warmer, 5' cooler, 2 under counter refrigerators + sandwich station, 3 compartment steam table and food warmer, ice maker, POS system, keg cooler with 8 taps, 5' bottle cooler, 4' bottle cooler, 3 compartment sink, hand sink, , 2 - 46" LED TV's, walk-in cooler and freezer combo unit and 3 compartment sink, etc. NO BROKER COOP.

General Info

  • OrganizationCorporation
  • Established2006
  • Current Owner2006
  • EmployeesFT:8 - PT:15
  • Reason For SaleOther Interests

Facilities

  • Seating150
  • Square Feet3,416 + 600 sq ft patio
  • ParkingAmple
  • LicensesABC Type 47 (hard liquor), Business
  • Open HoursDaily 11:00 a.m.-10:00 p.m.

Lease

  • Rent$11,779 + $4,132 NNN
  • Expiration5/31/22
  • Yearly Increase3% fixed
  • Option(1) 10 yr
  • Deposit$7,700

Financials

  • Monthly Revenue$112,784
  • Monthly Cash Flow$10,637
  • Annual Revenue$1,353,407
  • Annual Cash Flow$127,644
  • Payroll$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.

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