This quaint bistro in Los Gatos is located on a main thoroughfare. Featuring a modern bistro concept and has quickly become a town favorite. The current owner is selling the name and the concept, and will provide a new owner with recipes and training to execute the concept. The restaurant space is fully equipped and recently updated interior and kitchen give it a modern and clean look and updated equipment. The surrounding area features high foot traffic, artisan boutique retail shops, and theaters and museums. The median family income in the area is high, and locals dine out frequently. Family-friendly restaurants in the area tend to do well. The inside area seats 60, and there is a parklet outside which seats 30. The yearly sales annualized would be projected at $1,587,801. There is a new lease in place and has a remaining 4.5 years plus a 5 year option. Full list of equipment is available upon request. Can't beat this location!

General Info

  • OrganizationLLC
  • Established2021
  • Current Owner2021
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating32 Inside and 30 Outside
  • Square Feet1,575
  • ParkingStreet and Parking Lot
  • LicensesBeer and Wine, Business and Health Permit
  • Open Hours5pm-9pm Weekdays, 11am-9pm Weekends

Lease

  • Rent$6,300
  • Expiration2026
  • Yearly Increase3% Annual Increases
  • Option5 Year Option
  • Deposit$7,875 (All Inclusive of NNN)

Financials

  • Monthly Revenue$132,316
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,587,801
  • Annual Cash FlowContact for Info
  • Payroll$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