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Italian Restaurant In Upscale Prime Downtown Peninsula Location $1.1+million Sales, $115,000 Profit

Santa Clara, California : Restaurants
Listing #3050

Italian Restaurant In Upscale Prime Downtown Peninsula Location $1.1+million Sales, $115,000 Profit RRC#: 3050 Asking Price: $299,000 Location: Santa Clara County, Santa Clara County, California Yearly Revenue: $1,132,872 Yearly Cash Flow: $114,996 Monthly Rent: $10,516 LISTING DESCRIPTION: Italian trattoria located on a busy downtown street in an affluent peninsula community. This street has recently undergone a revitalization, with older shops turning over into newer, more d businesses, and long-lasting businesses undergoing s. This restaurant is situated in a prime location, with lots of foot traffic going to nearby retail and food locations. The restaurant serves Italian classics and has attracted a local following. The decor is homey and family-friendly. The downstairs, street-level space seats 60 the upstairs loft seats 16 the outside area seats 12. There is a pizza oven situated near the bar area in the front of the space, and an open kitchen near the back. The restaurant's open kitchen comes equipped with 20' hood, two 6 burner stoves, fryer, grill, convection oven, three 2 door under counter refrigerators prep station, 1 and 2 compartment prep sinks, ice machine, dishwasher, 2 door reach in refrigerator, slicer, 1 door reach in refrigerator, 1 door reach in freezer, back yard area with a walk in refrigerator and storage, espresso machine, 1 door under counter refrigerator, hand washing sink, wine rack on lobby wall , two bathrooms, and flat screen TV. GENERAL INFORMATION: Organization: Corporation | Year Established: 2005 | Seating: 60 Inside and 12 Outside | Square Footage: 2200 | Parking: Street | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 11am - 2pm and 5pm - 9pm Monday - Thursday 11am - 2pm and 5pm - 9:30pm Friday 5pm - 9:30pm Saturday | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,132,872 | Yearly Cash Flow: $114,996 | LEASE INFORMATION: Monthly Rent: $10,516 | Lease Expiration: 2020 | Lease Option: Negotiable | Security Deposit: 7428 |

Asking Price:

$299,000

Gross Income:

$1,132,872

(last 12 months)
Cash Flow:

$114,996

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Italian Restaurant In Upscale Prime Downtown Peninsula Location $1.1+million Sales, $115,000 Profit

RRC#: 3050
Asking Price: $299,000
Location: Santa Clara County, Santa Clara County, California
Yearly Revenue: $1,132,872
Yearly Cash Flow: $114,996
Monthly Rent: $10,516

LISTING DESCRIPTION:
Italian trattoria located on a busy downtown street in an affluent peninsula community. This street has recently undergone a revitalization, with older shops turning over into newer, more d businesses, and long-lasting businesses undergoing s. This restaurant is situated in a prime location, with lots of foot traffic going to nearby retail and food locations. The restaurant serves Italian classics and has attracted a local following. The decor is homey and family-friendly. The downstairs, street-level space seats 60 the upstairs loft seats 16 the outside area seats 12. There is a pizza oven situated near the bar area in the front of the space, and an open kitchen near the back. The restaurant's open kitchen comes equipped with 20' hood, two 6 burner stoves, fryer, grill, convection oven, three 2 door under counter refrigerators prep station, 1 and 2 compartment prep sinks, ice machine, dishwasher, 2 door reach in refrigerator, slicer, 1 door reach in refrigerator, 1 door reach in freezer, back yard area with a walk in refrigerator and storage, espresso machine, 1 door under counter refrigerator, hand washing sink, wine rack on lobby wall , two bathrooms, and flat screen TV.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2005 | Seating: 60 Inside and 12 Outside | Square Footage: 2200 | Parking: Street | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 11am - 2pm and 5pm - 9pm Monday - Thursday 11am - 2pm and 5pm - 9:30pm Friday 5pm - 9:30pm Saturday | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,132,872 | Yearly Cash Flow: $114,996 |

LEASE INFORMATION:
Monthly Rent: $10,516 | Lease Expiration: 2020 | Lease Option: Negotiable | Security Deposit: 7428 |


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