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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.