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- RE: Prime Willow Glen Restaurant Location
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $265,000 | |
Annual Revenue: | $1,253,297 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | Not Disclosed | |
BBN Listing #: | 277211533 | |
Broker Reference #: | 4783 |
Business Overview:
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Prime Willow Glen Restaurant Location With Type 47 Liquor License
RRC# 4783Â
Location:Â Â
Willow Glen in San Jose
Description:
A rare opportunity to own a restaurant in a prime location in bustling downtown Willow Glen. Complete with a Type 47 liquor license, this restaurant is near other eateries, numerous retail establishments, law offices and other small businesses such as consignment stores, salons and boutiques, in one of the most expensive neighborhoods in San Jose where residents are mostly affluent and have disposable income. Situated on the main thoroughfare in downtown Willow Glen, there is significant pedestrian and vehicle traffic daily as residential neighborhoods are just several blocks away and locals frequently visit this area. The district is also known for hosting year-round events, including the weekly farmer’s market, various holiday events, wine walks in the spring, and a summer concert series just a few blocks away.
The restaurant features an open and modern design with high ceilings, a bar in the back offering additional seating, a fully equipped kitchen as well as a parklet. The concept can be included, but the space and location is also an excellent opportunity for the new owner to introduce their own.
Financial Information:
Monthly Revenue: $104,441
Monthly Cash Flow: Contact for Info
Annual RevenueContact : $1,253,297
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2017
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $5,683 (all inclusive)
Expiration: 2025 plus 5 Year Option
Facilities:
Square Feet: 1,700
Seating: for Info
Parking: Street Parking and Public Parking Lot
Licenses: ABC Type 47, Business and Health Permit
Days/Hours of Operation: Wednesday, Thursday 3pm - 9pm, Friday 11am - 10pm, Saturday 9:30am - 10pm, Sunday 9:30am - 7:30pm, Monday - 5pm - 9pm
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Property Features and Assets:
Square Feet: 1,700 Seating: for Info Parking: Street Parking and Public Parking Lot.Reason for Selling:
Other Interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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