Downtown Morgan Hill Restaurant | 17340 Monterey Rd | $1.385M Sales |
Business Description
Downtown Morgan Hill Restaurant | 17340 Monterey Rd | $1.385M Sales | $7,550 Fixed Rent | Full Liquor License
RRC#5389
Asking Price: $249,000
Location: Santa Clara County
Annual Revenue: $1,385,300
Annual Cash Flow:Contact for Info
Monthly Rent: $7550 all in
Listing Description:
Here’s an opportunity worth a closer look: a high-volume, 3,300-square-foot restaurant in the heart of Downtown Morgan Hill generating $1.385 million in annual sales—with an exceptionally attractive $7,550/month fixed rent for five years with no annual increases.
The location offers approximately 90 indoor seats plus 30 outdoor parklet seats, including a private dining room for approximately 20 guests and a full bar with a Type 47 full liquor ABC license, which is included in the purchase price.
The Sushi Confidential name is not included, giving a new owner the opportunity to either continue with a sushi concept or introduce something different. The existing layout and infrastructure could be well suited for concepts such as Indian/Himalayan, Korean, Izakaya/ramen, Pan-Asian, Peruvian, or Latin American cuisine.
The kitchen is exceptionally well equipped and includes a 14’ Type 1 hood, 6-burner range and 24" griddle over two convection ovens, two 2-basket fryers, a walk-in refrigerator + 3-door reach-in freezer, 3-door reach-in refrigerator, five sandwich units, and 3 other units.
The lease economics are particularly compelling: $7,550 per month all in fixed for five years with no annual increases, and the property owner is willing to discuss an option period with a qualified buyer.
Morgan Hill continues to benefit from substantial residential growth, with more than 3,000 new housing units planned and an estimated 8,000 additional residents. Combined with its desirable downtown, strong community demographics, and proximity to Silicon Valley, the market offers an attractive platform for a new restaurant concept.
Strong sales + low fixed rent + full liquor license + large, fully equipped restaurant = an excellent opportunity in Downtown Morgan Hill.
Asking price reduced to $249,000 for a buyer who does not wish to utilize the Type 47 ABC.
RRC#5389
Asking Price: $249,000
Location: Santa Clara County
Annual Revenue: $1,385,300
Annual Cash Flow:Contact for Info
Monthly Rent: $7550 all in
Listing Description:
Here’s an opportunity worth a closer look: a high-volume, 3,300-square-foot restaurant in the heart of Downtown Morgan Hill generating $1.385 million in annual sales—with an exceptionally attractive $7,550/month fixed rent for five years with no annual increases.
The location offers approximately 90 indoor seats plus 30 outdoor parklet seats, including a private dining room for approximately 20 guests and a full bar with a Type 47 full liquor ABC license, which is included in the purchase price.
The Sushi Confidential name is not included, giving a new owner the opportunity to either continue with a sushi concept or introduce something different. The existing layout and infrastructure could be well suited for concepts such as Indian/Himalayan, Korean, Izakaya/ramen, Pan-Asian, Peruvian, or Latin American cuisine.
The kitchen is exceptionally well equipped and includes a 14’ Type 1 hood, 6-burner range and 24" griddle over two convection ovens, two 2-basket fryers, a walk-in refrigerator + 3-door reach-in freezer, 3-door reach-in refrigerator, five sandwich units, and 3 other units.
The lease economics are particularly compelling: $7,550 per month all in fixed for five years with no annual increases, and the property owner is willing to discuss an option period with a qualified buyer.
Morgan Hill continues to benefit from substantial residential growth, with more than 3,000 new housing units planned and an estimated 8,000 additional residents. Combined with its desirable downtown, strong community demographics, and proximity to Silicon Valley, the market offers an attractive platform for a new restaurant concept.
Strong sales + low fixed rent + full liquor license + large, fully equipped restaurant = an excellent opportunity in Downtown Morgan Hill.
Asking price reduced to $249,000 for a buyer who does not wish to utilize the Type 47 ABC.
About the Business
- Years in Operation
- 4
- Website
- Show Website URL
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
- Rent
- $7,550 per month
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2554780
- Listing Views
- 34
Listing ID: 2554780 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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