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Well Established Restaurant, 20 Year Lease

Jan 14th, 2022 at 04:09   Restaurant Buy & Sell   Santa Clara   2 views
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  • well-established-restaurant-20-year-lease-big-1

Location: Santa Clara

Price: $49,000

Calling all Entrepreneurs!! Have you dreamed of wanting to get your restaurant up and running and ready for customers? If so, this authentic Italian restaurant is just for you. Restaurant comes with fully equipped kitchen with seating of up to 124 guests. The banquet facility is a great space for entertaining and is an added bonus. In-dining restaurant isn't your only option! Menu can be changed & rebranded. The options are endless! Do you need a kitchen/space to fulfill your food truck dreams? This location is just the place! Food truck parking with commissary/ghost kitchen option can make the dream a reality. Located in the heart of Silicon Valley, the location and demographics are awesome! Surrounded by tech giants like Google, Facebook, Yahoo! and more. Restaurant and bathroom has met guidelines required by the Certified Access Specialist Property Inspection (CASp) and Santa Clara County Healthy Department. Seller is willing to offer competitive, below market rent. Starting at $1/sqft for the first year and $2.50 the year after with a 3% yearly increase. Opened in 1996. Authentic Italian restaurant generating yearly sales of $650K in 2019 only open 20 hours a week.

SELLER FINANCING available for qualified buyer!! Currently open minimal hours, offering take out. HUGE upside to open evenings and weekends !! Seller is Landlord/owner of the building and willing to offer 20 year LEASE to qualified buyer. Comes with fully equipped kitchen, with seating for 124 guests ! More extensive equipment list upon request. Type 41 License. Could be re-branded, lots of upside if buyer were to open for dinner! Newly renovated! Third generation restaurant looking to sell, looking to retire. For the right buyer sellers are willing to start below market rent. Menu can be maintained, changed, re-branded. The location and demographics are awesome, in the HEART of Silicon Valley. Surrounded by tech giants like GOOGLE, FACEBOOK, YAHOO, and more !! Great for experienced operator with a social media background, culinary skills and private event experience who can really exploit this opportunity. MUST SEE!! Calling all Culinary Entrepreneurs !! Please sign and date the non-disclosure agreement below. For more information feel free to reach out to me.

Link to the business