"Sunnyvale" Busy shopping center Restaurant- Turn Key

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Asking Price:
$399,000

Gross Revenue:
$1,200,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

*New Restaurant Listing, prime shopping center location on El Camino real, busy center with shopping, restaurants .
Fully Equipped Full Service Restaurant & Catering Kitchen- Sunnyvale in a prime location for sale; centrally located with plentiful of parking.
Seller claims Yearly Gross Sales $1,200,000. or $110,000- $115,000 average monthly sales.(*Financials can be disclosed to any serious buyers after signing a confidentiality agreement.*)

**This is a great opportunity for a seasoned operator or new business owner to takeover a turn key fully fixturized restaurant opportunity**

Business owner can sell everything including, the choices are endless:
1) Pizza parlor, cheese steak sandwich shop
2) Fast Casual Italian Restaurant / European cafe
3) Chinese, Filipino, Thai, Vietnamese, Korean, South East Asian, Nepalese or Burmese cuisines
4) Poke or Sushi restaurant
5) Fast Food, take out Taqueria
6) Mediterranean, Middle East Specialty Shop, BBQ
7) American diner, breakfast, lunch , Dinner bistro
8) Steakhouse, Wine bar & Tapas

Restaurant Details & Fully Equipped kitchen;

*2,400sf +/- public parking lot conveniently located in front/back of building, parking for customers, owner, employees
*Full Refrigeration cooler/freezer
*beer and wine license, but in the process of and easily applicable
*All FF&E (Furniture, Fixture and Equipment) are inclusive of sale
*Seller will provide training if need be.
*Type 1- commercial vented hood 12ft
*Shopping center location side frontage, adjacent to anchor popular restaurants and bars along El Camino Real.
*Below Market Rent* $8,103,
*NNN charges $1,732 included water & garbage fees
*7 months remaining on lease + 5 yrs options to extend or longer pending landlord approval.
*Seating for 80+ capacity
*Landlord seek Buyer/Tenant to have previous experience and solid operationally and financially.
*Reasonably Asking only $399,000. obo

(???)If you are currently in the restaurant & catering business and looking to expand, this may be ideal retail location for you, if you are looking to take over an existing profitable restaurant and catering business and willing to learn, sellers will be willing to teach. However, the restaurant name and recipes will not be part of the sale of the business. *For further details, please inquire via email or by calling Riki~Restaurant broker (650)302-6795 for more information.
(Pictures in Ad are not actual business for sale, it is only for reference.)

About the Business

Location:
Sunnyvale, California
Year Established:
2014
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,400
Rent:
$9,600.00 Per Month
Lease Expiration:
3/1/2025
Facilities:
fully turn key equipped with commercial type 1 venting, cooler/freezer
large seating capacity in a shopping center with plentiful parking for customers and employees.
Website:
sunnyvale.ca.gov/
Market Outlook/
Competition:
minimal competitions in the near vicinity for specific type of cuisine. centrally located to many high tech and start up companies that are regular targeted customer base.
Growth & Expansion:
on demand catering with 3rd party food companies to increase catering volume and additional sales and marketing channels.
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About the Sale

Reason For Selling:
moving out of state.
Training/Support:
yes, seller willing to train.
Seller Financing:
buyer to have strong credit/assets

Listing Info

ID:
1672186
Ad Detail Views:
120

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Business Listed by

Riki Tang ~ Restaurant Broker

Vista Investment & Realty
License# 01829091

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