Newly Built Restaurant- Desirable Santa Clara Area- Full Bar- Long Lease- Fixed Rent- Price Reduced!
Asking Price: $99,000
Location: Santa Clara County, Santa Clara County, California
Yearly Revenue: $810,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $8,579 all inclusive.
This opportunity offers an operator a versatile, recently built full service restaurant with a full bar, type 47 liquor license, outstanding client base, catering upside, long lease with reasonable rent, all wrapped in a killer location. This restaurant is highly visible with easy access, located in a mixed use community that includes residential areas, high tech offices, production facilities, and recreation venues. The total premises is 2,644 sq ft and a10 year lease. Reasonable base rent is $6,707 in years one thru five, with year five ending in Dec. 2017. Base rent then goes to $7,547 for years six thru ten, with year ten ending in Dec. 2022. Current NNN & CAM is $1,872. The interior has a large, open table & chair setting area, with good inward and outward visibility from this corner location. Interior seating accommodates 76 max. with an outside area for 16 guests. In front of the semi display kitchen is a service counter and bar which could be easily adapted or reconfigured as needed. There is a 4-terminal POS system plus seating along the front counter, and behind is a 2-door under counter fridge, 1-door salad prep, 2-door kegerator with six taps, 3-compartment bar sink, ice well, beverage gun and hand sink. The kitchen is well equipped with a 100 type one hood, 44 griddle, 6-burner saute unit, 22 char broiler, 5-pan steam table, 6-drawer under counter fridge, double fryer, hand sink and 1- door under counter fridge. The rear prep and storage area has a large 99 x 55 x 99 high walk-in, large ice machine, 3-compartment bar sink, prep sink, wire rack shelving, stainless prep tables and a small office area.