Restaurant Realty Company is pleased to report the sale of Sinaloa Cafe in Morgan Hill, California. The restaurant for sale was marketed by Restaurant Realty Company and the transaction was completed in February. The terms of the transaction are confidential.
This Bay Area, South County restaurant and bar’s location has a charming small town atmosphere which is bustling with activity due to its proximity to Silicon Valley. It consistently grosses over $1M in yearly sales. It has a fully equipped kitchen, below market rent and over fifty years of goodwill. The current owner is selling after over thirty years due to some health issues. A new lease is available and the owner is willing to finance up to $100,000 for a qualified buyer amortized over three years at 5% interest with monthly payments of $2997.04. The location consists of 6,000 sq ft including a large dinning room, bar, outdoor patio and large kitchen. There is a city parking lot adjacent to the building. This is a great opportunity for an experienced restaurateur to move into a well established location. The locals make this a great bar business. ABC type 47 License. There are 3 Vulcan Ranges with Ovens, 2 Ansul System hoods (10′ &7′), 2 Vulcan Griddles, 2 Sandwich Prep Tables as well as lengthy list of other equipment. The business name, recipes and buyer training would all be included in the sale. NO BROKER COOP.
If you are interested in buying or selling a restaurant in Morgan Hill or leasing a restaurant space in Morgan Hillor anywhere else in California, please contact Restaurant Realty Company. Restaurant Realty specializes exclusively in the sales, acquisitions and leasing of restaurants, bars and nightclubs. Our listings include restaurant real estate, restaurant related businesses for sale, restaurant franchises for sale, and restaurant space for lease. If you are ready to sell a restaurant, bar or nightclub in Morgan Hill or anywhere in California, please contact us to start packaging your listing for a successful sale like the former owners of Sinaloa Cafe.