A Gorgeous Restaurant in the heart of Silicon Valley Downtown
Business Description
One of the most wanted locations in the mid-peninsula with an unbelievable rent/terms.
The street is lined with restaurants, cafés, bars, boutiques, shops, and entertainment venues.
Walking down this Street feels vibrant and welcoming. With cars largely restricted in parts, sounds of traffic are reduced, making space for voices, music, and the clinks of outdoor dining. The mix of architectural styles, storefronts, and public art contribute to a feeling of an urban main street rather than a sterile commercial strip.
You’ll frequently see groups hanging out, strolling, grabbing lunch or dinner, enjoying live music, browsing shops, or just soaking in the ambiance. The design efforts (colored pavement, pedestrian zones) are part of making it more of a gathering place and local center than just a conduit.
Strong demand for diverse cuisine: there is an appetite for quality, variety, experience.
This Restaurant has the chef's dream kitchen equipped with 2 Hoods , front & back kitchen hood which will let the operator to handle larger private parties & catering to surrounding companies & large events besides the in-house business, top notch equipment, will provide an equipment list.
The bar is designed with an award-winning mixologist thoughts, offering handcrafted cocktails and a curated wine and beer selection, open airy infrastructure that will get your attention as you are walking by, you can bring the out to inside by rolling doors opening the large patio.
Current operator spent $1.7mm in remodeling
Type 47 Liquor license
5200 sqft
Rent : $18k including nnn
5 years left with 2(5) years option
2023 sales $3,040,000
2024 sales $2,680,000
Sales Projections for a new business & concept should be $4+ mm
NDA IS A MUST
The street is lined with restaurants, cafés, bars, boutiques, shops, and entertainment venues.
Walking down this Street feels vibrant and welcoming. With cars largely restricted in parts, sounds of traffic are reduced, making space for voices, music, and the clinks of outdoor dining. The mix of architectural styles, storefronts, and public art contribute to a feeling of an urban main street rather than a sterile commercial strip.
You’ll frequently see groups hanging out, strolling, grabbing lunch or dinner, enjoying live music, browsing shops, or just soaking in the ambiance. The design efforts (colored pavement, pedestrian zones) are part of making it more of a gathering place and local center than just a conduit.
Strong demand for diverse cuisine: there is an appetite for quality, variety, experience.
This Restaurant has the chef's dream kitchen equipped with 2 Hoods , front & back kitchen hood which will let the operator to handle larger private parties & catering to surrounding companies & large events besides the in-house business, top notch equipment, will provide an equipment list.
The bar is designed with an award-winning mixologist thoughts, offering handcrafted cocktails and a curated wine and beer selection, open airy infrastructure that will get your attention as you are walking by, you can bring the out to inside by rolling doors opening the large patio.
Current operator spent $1.7mm in remodeling
Type 47 Liquor license
5200 sqft
Rent : $18k including nnn
5 years left with 2(5) years option
2023 sales $3,040,000
2024 sales $2,680,000
Sales Projections for a new business & concept should be $4+ mm
NDA IS A MUST
About the Business
- Years in Operation
- 3
- Facilities & Assets
- Excellent almost brand new FF&E all through the Restaurant.
- Market Outlook / Competition
- In the positive up market with an exciting new concept.
- Opportunities for Growth
- Lot's of room to grow in this location.
About the Sale
- Seller Motivation
- Focusing on other businesses.
- Transition Support
- Seeking Experienced Operator.
Listing Info
- ID
- 2421394
- Listing Views
Listing ID: 2421394 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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