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Phone: 408-829-2315
Fax: 408-926-9602
maggyslavova@yahoo.com
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INDIAN RESTAURANT

FOR SALE:

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GTR#: 1816


INDIAN RESTAURANT

LOCATION: SAN JOSE

Size/Seating Capacity: Approximately 2,200 sq .ft./ 64 seats, 12 patio seats
Rent: $5,725 NNN
Lease Terms: Expires 2023
Revenue: To qualified buyers
Printable Flyer Non-Disclosure Agreement (NDA)

PROPERTY PROFILE


Centrally located near major business shopping center, this Indian restaurant is a turn-key restaurant with huge potential. It seats 64 guests with additional permitted patio for 12. The restaurant has a full kitchen with average size hood, walk-in cooler and freezer, ice machine, stove, deep fryer, tandoor ovens, professional dough mixer, dishwasher, system of required sinks, preparation tables, salad bar, buffet with 9-well steam table. Additional storage space and the grease trap are located in the back yard. Two TV stations with sound system in the dining room, private office with security system, ADA bathroom. Rent is very reasonable; the lease has a one 5-year option to extend. The location will be perfect for any type of food. NDA is required.

GENERAL INFORMATION


Location: Free standing building
Co Tenants: Other business
Signage: Building Signage
Ownership: Corporation
Seating: 64 Seats inside, 12 seats patio
Size: 2,200 sq ft
Parking: Street & Front of Building
License(s): Business, BOE, ABC 41
Open: Open 7 days a week.
Reason For Sale: Other Interests

LEASE INFORMATION


Lease/Rent: Approximately $5,725 / CAM $1,350
Lease Expiration: 2023
Yearly Adjustment 3%
Lease Option: 1 x 5-year option
Security Deposit: $15,000

FINANCIAL INFORMATION


Revenue: To qualified buyers
Cash Flow: To qualified buyers
Equipment/ Inventory: Equipment List
Payroll: 4 full time employees
Franchise Royalties: N/A
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.