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Italian Restaurant In San Jose For Sale

San Jose, California - North
Asking Price:
$199,000 Inventory / Stock included
Sales Revenue:
$637,483
Cash Flow:
$128,885

This Italian restaurant is on the market due to the owner’s retirement after over 45 years in business. It’s located is a large South Bay shopping center with two major anchor tenants. The seller has been basically absentee for over ten years and has had an employee manage the business for him. The sales have been steady even though there is no website and no social media. The seller is motivated and has priced the business to sell. He's willing to carry a note for a qualified buyer. This would be a good opportunity for an experienced restaurateur.
BTI#8513

Property information

Real Estate:

Lease

Location:

High busy traffic area lots of busy shops in the area.

Premises Details:

1700 sq ft 65 seats ample parking

Size in square feet:
1,700

Business Operation

Reasons for selling:

Retirement

Trading hours:

Sun 4 - 9; Mon - Thurs 11 - 9: Fri 11 - 10; Sat 12 - 10

Employees:
12
Years established:
1969

Other Information

Support & training:

1 week @ 25 hrs per week

Financing available:

$25000 6% 24 months per month 1108.02

Inventory / Stock value:
$4,000 - included in the asking price

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