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Businesses For Sale   >>   Banquet Businesses For Sale   

$5 Million Restaurant Bar & Banquet

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1800000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
A $5 Million Restaurant, Bar And Banquet Facilities Build Out 15k Sq Ft Major Silicon Valley City RRC#: 2047 Asking Price: $295,000 Location: Major Downtown Silicon Va, Santa Clara County, California Yearly Revenue: $1,800,000 Yearly Cash Flow: Contact For Info Monthly Rent: 17,650 all inclusive This is a unique opportunity to purchase a facility that has a restaurant, bar, patio, private dining room and kitchen on the ground level and a banquet facility that holds a couple hundred plus with its own kitchen on another level. In 2000 the facility did approximately $6 million in sales. The initial build out cost was approximately $5 million and the restaurant was recently remodeled and is beautifully decorated with warm woods, rich materials throughout, wood and carpet flooring and designer light fixtures. On the ground floor the dining room seats approximately 150 with a comfortable bar and lounge area, a private dining room which seats 20 and an outdoor patio that seats approximately 150 with its own service bar. The main dining room has plush booth seating, banquette seating and table and chairs and there is a long bar and comfortable cocktail lounge with 11 large screen TV's throughout bar and dining rooms areas. There is a large display kitchen including a wood burning oven and complete cooking line. There is a large prep kitchen and elevator which services both floors. There are 2 sets of elaborate ADA restrooms on each floor as well as large storage areas and office area. The equipment in the display kitchen on the ground floor includes the following: a very long type 1 hood with fire suppression system, wood burning oven, 5' wood burning broiler, 2 compartment steam table, 2 - 4 under counter refrigerator drawer units + cold tops, 2 - 2 door under counter refrigerator drawer units (1 with cold top), 2 double basket fryers, 4' flat grill over oven.


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