Established Over Two Decades,Type 47 ABC License,High-Traffic Location
MS Real Estate Inc. presents a restaurant sale opportunity located in Milpitas, California. Established over two decades ago, this fully built-out restaurant offers substantial infrastructure in place and provides an incoming operator the flexibility to continue the existing concept or introduce a new brand and culinary vision. The restaurant occupies approximately 4,200 square feet and features a versatile layout suitable for full-service dining, private events, and small banquets. The space offers strong seating capacity and a thoughtfully designed floor plan that supports efficient service flow and multiple operating styles. The sale is motivated by the owner’s desire to pursue other business interests and reduce day-to-day involvement.
Improvements include a 12-foot full bar with keg refrigeration, quality tables, antique chairs, elegant booths, and a built-in internal buffet. The fully equipped commercial kitchen supports high-volume operations and includes an approximately 20-foot Type I hood, grill, ranges, oven, flattops, walk-in cooler, freezers, and multiple refrigerators. The premises also include two ADA-compliant restrooms. All equipment and facilities have been professionally maintained, providing a strong turnkey foundation with significant capital investment already completed. This opportunity is well suited for an owner-operator, experienced restaurateur, or restaurant group seeking a fully built-out restaurant in a strong Milpitas location with flexibility and favorable lease potential..PRINCIPALS ONLY !
KEY DETAILS (Provided by Seller)
- Premises Size: Approximately 4,200 square feet
- Parking: Ample onsite parking
- Seating Capacity: Approximately 140 indoor seats plus 35 patio seats, including a banquet area
- Lease Term: Expires August 31, 2027 (new lease subject to landlord approval)
- Base Rent: Approximately $16,065 per month.( $3.83 / SF / month/$45.96 / SF / year)
- NNN (Taxes, Insurance, CAM): Approximately $4,390 per month($1.05 / SF / month/$12.55 / SF / year)
- Annual Rent Increase: 3%
- Permits & License: Health Permit, Business License, Type47 liquor license included in the sale
- Reason for Sale: Family / Personal
The Seller has provided all the information in the offering memorandum, but Manjit Singh, (MS Real Estate Inc) the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the help of legal and financial advisors to help you with this process.
