South Bay Restaurant and Bar located on Main Street of Vibrant Downtown Area; Type 47 Liquor License Included
RRC# 4573
Location: Santa Clara County
Description:
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.
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Financial Information:
Monthly Revenue: $82,825
Monthly Cash Flow: Contact for Info
Annual Revenue: $993,900
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
General Info:
Ownership: Inc
Established: 1995
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $12,913
Expiration: October 2024 plus 5 Year Option
Facilities:
Square Feet: 3,000
Seating: 90 Indoor and 100 Outdoor
Parking: Street and Parking Lot
Licenses: ABC Type 47, Health and Business
Days/Hours of Operation: Open for Lunch and Dinner Tuesday - Sunday
