$329,000.00
Asking Price
Address: San Jose,
Status: Active
Posting ID: 283485
10/21/23
Description
This is a rare opportunity to own a restaurant in a prime location in downtown Willow Glen. Complete with a Type 47 liquor license, this restaurant is near other eateries, numerous retail establishments, law offices, and other small businesses such as consignment stores, salons, and boutiques, in one of the most expensive neighborhoods in San Jose where residents are mostly affluent and have disposable income.
Situated on the main thoroughfare in downtown Willow Glen, there is significant pedestrian and vehicle traffic daily as residential neighborhoods are just several blocks away and locals frequently visit this area. The district also hosts year-round events, including the weekly farmer’s market, various holiday events, wine walks in the spring, and a summer concert series just a few blocks away.
The restaurant features an open and modern design with high ceilings, a bar in the back offering additional seating, a fully equipped kitchen as well as a parklet. The concept can be included, but the space and location is also an excellent opportunity for the new owner to introduce their own.
Financial Information:
Monthly Revenue: $104,441
Monthly Cash Flow: Contact for Info
Annual RevenueContact : $1,253,297
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2017
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $5,683 (all inclusive)
Expiration: 2025 plus 5 Year Option
Facilities:
Square Feet: 1,700
Seating: for Info
Parking: Street Parking and Public Parking Lot
Licenses: ABC Type 47, Business and Health Permit
Days/Hours of Operation: Wednesday, Thursday 3pm - 9pm, Friday 11am - 10pm, Saturday 9:30am - 10pm, Sunday 9:30am - 7:30pm, Monday - 5pm - 9pm
RRC# 4617
Location: Willow Glen in San Jose
To get more information about this Restaurant - Type 47 License business for sale in San Jose please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283485 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant - Type 47 License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $329,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $1,253,297.00
Area: San Jose
City: San Jose
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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