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| Phone: 408-829-2315 | |
| Fax: 408-926-9602 | |
| maggyslavova@yahoo.com |
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RESTAURANT FOR SALE FOR SALE: |
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GTR#: 1606
MEXICAN RESTAURANT
Asking Price: $120,000
SOLD: $100,000
San Jose, CA 95123
| Size/Seating Capacity: | Approximately 3,516 sq .ft./90 seats |
| Rent: | $5,450 NNN |
| Lease Terms: | 2025 |
| Revenue: | Not disclosed |
| Printable Flyer | Non-Disclosure Agreement (NDA) |
PROPERTY PROFILE
Main location on Blossom Hill Rd. in South San Jose. This is a full service Mexican restaurant with huge potential for banquets, catering, buffet and entertainment. There is a separate bar with a full liquor license type 47. The capacity is 90 seats, bar with approximately 20 seats, sit-down and take –out service. The kitchen has a 12' hood and it is fully equipped with flat grill, flat grill, preparation tables, salad preparation table with cooler, Hobart dough maker, 6-burner stove, fryer. The kitchen can be adjusted to any kind of cuisine. There are walking cooler and freezer, ice maker, beverage coolers, dishwasher machine, various sinks, water heater, grease trap. The bar is fully equip with a soda machine, beer tub, bar sinks, coolers, glass-ware, cash register. Reasonable rent - $2.30 including NNN, long term lease, expires in 2025. NDA is required.
GENERAL INFORMATION
| Location: | Shopping Strip |
| Co Tenants: | Stores and Offices |
| Signage: | Building Signage | Ownership: | Individual |
| Seating: | 90 Seating plus Bar |
| Size: | 3,516 square feet |
| Parking: | Shopping Center Parking |
| License(s): | Business, Sale Permit, Liquor License type 47 |
| Open: | Open 7 days a week. 11 AM - 9 PM |
| Reason For Sale: | Other Interests and business |
LEASE INFORMATION
| Lease/Rent: | $5,450 NNN. NNN $2,620 per month, including CAM, Water, Garbage, Parking, Property Tax. Total $8,070 or $2,30 per sq.ft.. |
| Lease Expiration: | 2015 |
| Yearly Adjustment: | 3% |
| Lease Option: | N/A |
| Security Deposit: | $7,383.60 |
FINANCIAL INFORMATION
| Revenue: | Non-Disclosed, Asset Sale |
| Cash Flow: | Non-Disclosed, |
| Equipment/ Inventory: | Equipment List |
| Payroll: | 3- full time, 2 - part time |
| Expenses: | Rent, Utilities, Insurance |
| New Terms: | All Cash |
CONTACT INFORMATION
| Listed by: | Maggy Slavova | |
| Phone: | 408.829.2315 | |
| Phone: | 408.771.7730 | |
| Fax: | 408.926.9602 | |
| Email: | maggyslavova@yahoo.com maggy@goldentrustrealty.com |
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.