This beautifully remodeled restaurant which has over a $1 Million invested is on one of the most desirable streets in the peninsula. It recently closed and operated briefly as Tratt and formerly Trattoria da Vititorio and closed due to weak management as the primary owner has no restaurant experience. Sales for 2019 were $2,557,652. A strong operator should be able to generate $3 Million sales minimum and there is a long term lease per the lease terms indicated below. There is a large glass frontage and the dining room has an open airy feeling with a combination of tables and chairs and banquette seating, wood tile floors and attractive hanging light fixtures. In the dining room there is a display kitchen with a marble topped counter and 12 counter seats surrounding this area. There is an attractive bar area with a granite bar top, walnut shelving and 19 bar stools. There is also a full kitchen, prep area, dish washing area and storage areas. In the bar area there is a private dining room which can seat up to 20 overlooking a wine cellar. There is also an office and 2 ADA restrooms. There are new HVAC units with separate control systems, a multi zone surveillance system and alarm system. Some of the equipment includes as follows: 12' type 1 hood with fire suppression system, pasta cooker, 2 - 6 burner units over 2 ovens, 2- 2 door under counter refrigerators with sandwich stations, 3' char grill, double basket fryer, full door freezer, microwave, ice machine, walk-in refrigerator, pizza oven, 3 -3 compartment sinks (1 with rinse hose), 4 hand sinks, POS system, 2 group espresso machine, coffee grinder, 2 -2 glass door under counter refrigerators, ice bin, 2 -3 door under counter refrigerators (1 with 4 taps & 1 with sandwich station), 1 door under counter refrigerator.
General Info
- OrganizationContact For Info
- EstablishedContact For Info
- Current OwnerContact For Info
- EmployeesContact For Info
- Reason For SaleContact For Info
Facilities
- Seating153 + 19 Bar Seats + 8 Outdoor Seats
- Square Feet3600
- ParkingStreet Parking
- LicensesBusiness, ABC Type 47 (Full Liquor)
- Open HoursContact For Info
Lease
- Rent$12,843 + NNN
- Expiration8/31/2028
- Yearly IncreaseFixed Increases
- Option5 years
- DepositContact For Info
Financials
- Monthly RevenueContact For Info
- Monthly Cash FlowContact For Info
- Annual RevenueContact For Info
- Annual Cash FlowContact For Info
- PayrollContact For Info
Financing
- Down PaymentContact For Info
- Note BalanceContact 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.