Popular Restaurant and Bar in Thriving Downtown Location

Enviable Location | Strong Customer Following | Strong Growth Opportunities

For Web

Specifications

 Price:
$2,044,865
Revenue:
$2,030,747
Cash Flow:
$427,454
Geography:
Santa Clara
County
Location:
Thriving Downtown Space; enviable population density
 Notoriety:
Popular name brand destination restaurant
 Employees:
25
Reason for Sale:
Focused on Other Ventures
Goodwill:
14+ Years of success
Services:  Full-service restaurant and bar
FF&E Highlights:  Extensive Tenant Improvements, turnkey equipment
Inventory: Estimated at $30,000
Customer Base: Business Professionals | Local event crowds | Dense, younger urban population
Lease:  9,000sf indoor & outdoor combined. Long-term lease available
Food Concept: American, night club concepts not allowed

Value Proposition

  • Well-known popular restaurant/bar in downtown area
  • On track to continue rebound to pre-COVID numbers
  • Signficant investment in tenant improvements
  • Extensive outdoor patio
  • Turnkey FF&E
  • Fully staffed
  • New POS system with multiple terminals
  • Popular, profitable bar business
  • Population dense area generates substantial foot traffic
Profit Margin Chart

Revenue Breakdown

Revenue by service Chart
Sales Cashflow Chart

Financial Highlights

  • Listing Price: $2,044,865
  • Fiscal 2022 SDE: $427,454
  • 2022 financial recovery, in the direction of pre-COVID revenues/profits
  • Buyer will benefit from major tenant improvements
  • 2020 and 2021 P&Ls available upon request, for buyers under NDA

Cashflow Analysis

Financial Table