This restaurant & bar is located in the heart of Silicon Valley, in a thriving downtown area of a popular South Bay Area city. The area is lively with local residents from residential neighborhoods, out-of-towners from hotels a few blocks away and employees from nearby offices. The restaurant is also in close proximity to large retail establishments and a Caltrain station, resulting in a steady lunch crowd and dinner business. The significant pedestrian and vehicle traffic makes it ideal to introduce a new concept to this prime location.
The restaurant offers a type 47 full liquor license, indoor seating for 90 and additional outdoor patio seating for up to 100. The interior furnishings are on trend, featuring a blend of historic and contemporary features. The restaurant opens up to a bar area followed by the dining room. The restaurant also features a fully equipped large chef's kitchen and private dedicated office area.
The bar area has a 6-tap beer system, beer keg cooler and two beverage coolers as well as a new espresso machine. The restaurant is equipped with the following; large walk-in refrigerator, 20' type 1 hood, 2-door reach-in freezer, charbroil grill, flat-top grill, 8 burner stove, 2 convection ovens, salamander oven, 4-drawer under counter refrigerator with prep station, 2-door under counter refrigerator with prep station, steam table, double stack Montague pizza oven, fryer, slicer, ice machine, hand washing sinks, prep and 3-compartment sink, dishwasher, coffee brewer. The restaurant has a locked liquor storage room. There is also a brand-new HVAC system.
- Current OwnerContact for Info
- EmployeesContact for Info
- Reason For SaleOther Interests
- Seating90 Indoor and 100 Outdoor
- Square Feet3,000
- ParkingStreet and Parking Lot
- LicensesABC Type 47, Health and Business
- Open HoursOpen for Lunch and Dinner Tuesday - Sunday
- ExpirationOctober 2024
- Yearly IncreaseFixed
- Option5 Year Option
- Monthly Revenue$82,825
- Monthly Cash FlowContact For Info
- Annual Revenue$993,900
- Annual Cash FlowContact For Info
- PayrollContact for Info
- 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.