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Listing View: Lounge & Family Restaurant - San Jose, California


Lounge & Family Restaurant
San Jose, California

Offered at:
Contact For Info

Office Listing #   7785GC
Revenue: $681,551 / year
Cash Flow: $100,000 / year
Lease Rent: $4,480 / month
Square Feet: 4500

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 Listing Description

4500 square foot lounge and restaurant with full liquor on-premises license. New long-term lease avaialble at $1.00 per square foot - market rent is at least $1.50 per square foot. Same owner 30 years, very profitable. Restaurant serves breakfast, lunch and dinner at moderate prices. Great visibility right on morning commute side of 6-lane expressway. Tons of parking. Shows well. Owner retiring after 30 years at this location due to health issues.

General Information
Contact Information
Organization:   Corporation
Year Established:   1971
Current Owner:   1979
# of Employees:   13FT, 4PT
Seating:   205
Square Foot/Size:   4500
Parking:   large lot
License(s) Required:   ABC, Health, Biz
Days Open/Hours:   7AM - 2AM
Reason For Sale:   retirement, health
     
Financial Information
Revenue:   $681,551 / year
Cash Flow:   $100,000 / year
Payroll:   Contact For Info
Lease Information
Lease Rent:   $4,480 / month
Lease Expiration:   new 5-year
Yearly Adjustment:   none
Lease Option:   5 years
Security Deposit:   4500
     
Listed by:   Elaine Nolan
 Business Team
Email: Email Seller
Phone:  (408)385-0412
Fax:  (408) 246-2219
Website:  www.business-team.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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