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| Phone: 408-829-2315 | |
| Fax: 408-926-9602 | |
| maggyslavova@yahoo.com |
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MEXICAN RESTAURANTFOR SALE: |
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GTR#: 1626
MEXICAN RESTAURANT
Asking Price: $100,000
SAN JOSE, CA 99133
| Size/Seating Capacity: | Approximately 950 sq .ft./ 30 seats |
| Rent: | $2,500 Total |
| Lease Terms: | 4 years left, expires 2020 |
| Revenue: | Approx. $250,000 |
| Printable Flyer | Non-Disclosure Agreement (NDA) |
PROPERTY PROFILE
This is a very popular location, a big shopping center in a mixed residential and commercial area in North San Jose. The capacity is 30 seats and 2-4 seats in the patio area. Full size restaurant with a hood, grill, walking cooler, stove with 4 burners, deep fryer, grease trap, various sinks. Opens 6 days a week. The store can be converted into another food-service business. The rent is very reasonable. A 5-year option to extend is available to qualified buyers. Owner operated. NDA is required.
GENERAL INFORMATION
| Location: | Strip Center |
| Co Tenants: | Other business and restaurants |
| Signage: | Building Signage | Ownership: | Individual |
| Seating: | 30 Seating plus Patio |
| Size: | 950 square feet |
| Parking: | Business center parking |
| License(s): | Business, BOE |
| Open: | Open 6 days a week. Mon - Fri: 10 AM - 9 PM. Sat.: 10 AM- 5 PM |
| Reason For Sale: | Other interests |
LEASE INFORMATION
| Lease/Rent: | Approximately $2,500 total |
| Lease Expiration: | 2020 |
| Yearly Adjustment: | TBD |
| Lease Option: | One 5-year option |
| Security Deposit: | $1,800 |
FINANCIAL INFORMATION
| Revenue: | Approx. $250,000 per year. |
| Cash Flow: | To qualified buyers |
| Equipment/ Inventory: | Equipment List |
| Payroll: | 5 part time. |
| Expenses: | Rent, Utilities, Insurance, Maintenance |
| New Terms: | All Cash |
CONTACT INFORMATION
| Listed by: | Maggy Slavova, BRE# 01387995 |
| 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.