Downtown Campbell Cash Flow Positive, Newly Renovated Restaurant/Bar

Asking Price$699,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Downtown Campbell Cash Flow Positive, Newly Renovated Restaurant/Bar


Asking Price$699,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
One of a kind opportunity to take over an Italian restaurant that has been in business for more than 20 years in a prime, highly desirable, suburban downtown location in Silicon Valley.

Known and loved by a large number of loyal customers, this restaurant provides strong cash flow and is set up for a new owner to continue the current concept without interruption.

The restaurant consists of 2,500 square feet on the ground floor with outside patios and has an existing mezzanine that is currently used as storage. This space could easily be converted to seating for many additional tables.

Low rent lease term until March of 2027 of just $11,582 per month gross that will be $12,526 in 2027. The Landlord is very easy to work with and a new lease can be negotiated if requested.

The interior has been recently remodeled with high end finishings, so a new owner will not have to worry about modifications for many years to come.

Type 47 license included in the sale. Inventory is available for an additional cost.

The current owners take pride in their business and have loved operating it. They are leaving the area for family reasons and hope that the restaurant can continue to serve the community for years to come
About the Business
Facilities & Assets
Fully equipped restaurant space with Type 1 hood, Grease Trap, Walk-ins and fully built out bar. The space was recently renovated by the current owner with high end finished throughout.

This restaurant was fully remodeled 2 years ago and a new owner will benefit from all of the high end upgrades that the seller has made recently.

The new owner will start making money day 1! No need to renovate, bring in a new concept or hire new staff.... it is all ready to go.
Market Outlook / Competition
Highly desirable Silicon Valley submarket that draws many people from around the valley.
Opportunities for Growth
Can add additional tables to the mezzanine area.
About the Sale
Seller Motivation
Family Reasons
Listing Info
ID
2308949
Listing Views
1060

Contact Seller

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Business Listed by: Steve Maxson Synergy Real Estate Group

Listing ID: 2308949 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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