Turnkey Ethiopian Restaurant – San Joe, CA
Business Description
Well-established and highly regarded Ethiopian restaurant located in a mixed commercial and residential neighborhood. The business currently has an online review rating of 4.6, according to information provided by the Seller, and benefits from very limited direct competition for its concept. This approximately 2,400-square-foot restaurant offers a spacious dining area with seating for approximately 114 guests and is equipped with key restaurant infrastructure, including a 12-foot hood, an 8' x 8' walk-in cooler, and an 8' x 8' walk-in freezer.
Lease Expiration: December 31, 2029
Current Rent: $5,000 per month
Scheduled Rent Beginning January 2028: $6,000 per month
Lease Expiration: December 31, 2029
Current Rent: $5,000 per month
Scheduled Rent Beginning January 2028: $6,000 per month
About the Business
- Years in Operation
- 16
- Employees
- 4 (2 Full-time, 2 Part-time)
- Facilities & Assets
- Facility Size: Approximately 2,400 sq. ft.
Seating Capacity: Approximately 114
Bathrooms: 2
Hood: Approximately 12 feet
Walk-In Cooler: Approximately 8' x 8'
Walk-In Freezer: Approximately 8' x 8'
Employees: 1 full-time and 2 part-time employees - Market Outlook / Competition
- The restaurant operates within a distinctive culinary niche and, according to the Seller, faces very limited direct competition for its concept in the surrounding market.
- Opportunities for Growth
- The business may offer meaningful upside potential for an energetic owner-operator. Opportunities may include:
Increasing local and digital marketing
Expanding social media and online advertising
Developing catering and special-event business
Increasing delivery and takeout sales
Expanding community and corporate outreach
A new owner may also consider applying for a California ABC Type 47 – On-Sale General Eating Place license, subject to availability, qualification, ABC approval, local requirements, and all other applicable laws and regulations. The ability to serve beer, wine, and distilled spirits could potentially create an additional revenue stream.
About the Sale
- Seller Motivation
- The Seller wishes to spend more time with family and reduce day-to-day managemen
- Transition Support
- The Seller will provide the Buyer with two weeks of orientation and operational training after the close of escrow to assist with a smooth transition.
Listing Info
- ID
- 2545187
- Listing Views
Listing ID: 2545187 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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