Restaurant space in prime Los Gatos location. Although the sale does not include the concept, the restaurant space is fully equipped and the previous concept has shown consistently high sales year over year. In the area you have high foot traffic, artisan boutique retail shops, theater and museums. Median family income in the area is high, and locals tend to dine out frequently. Family-friendly restaurants do well in this area There is a parklet seating 38 that has been installed for outside dining. Full list of equipment is available upon request.

General Info

  • OrganizationContact For Info
  • Established2011
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating60 Inside and 38 Outside
  • Square Feet1575
  • ParkingParking Lot and Street
  • LicensesBeer and Wine, Business and Health Permit
  • Open Hours11:30am - 7:30pm Daily

Lease

  • Rent$7,985
  • ExpirationApril 2021
  • Yearly IncreaseFixed Yearly
  • Option5 Year Option
  • Deposit$7,087.50

Financials

  • Monthly Revenue$114,248
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,370,985
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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.

Location