print| Status | Active |
|---|---|
| Listing ID | 7805 |
| Listed Price | $140,000 |
| Down Payment | $100,000 |
| SDE | $33,307 |
| Total Sales | $196,046 |
| Asset Info | |
| Inventory† | $4,000 |
|
† Included in price |
|
Reason For Sale
Operations
| Year Established | |
|---|---|
| Form of Ownership | Corporation |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | |
| Years Owned | |
| Business Age |
Location
San Jose, CA| Type of Location | |
|---|---|
| Lease Expires | |
| Security on Lease | |
| Location Comments |
Executive Summary
Business Description
This long established restaurant has a lively bar, very pleasant outside seating areas, live music, a banquet room and a catering business. Total seating is in excess of 250. In addition to the type 47 ABC license, it has a type 58 for catering events. The rent is very reasonable for the area and a new lease is available. The owner who had never been in the restaurant business, has a full time job and can't handle both it and the business. An experienced operator should do very well at this location.
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