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Listed by:

BTI Group

Broker license number: 01160661

Mexican Restaurant In San Jose For Sale

San Jose, California - North
Asking Price:
$180,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$236,125 (USD)
Cash Flow:
$54,130 (USD)

Mexican Restaurant BTI 8592 (recent price reduction!!)
Long time (18+ years) well established Mexican Restaurant at a prime corner location in an affluent south bay city surrounded by high tech businesses and great neighborhoods. An additional source of income is an onsite food cart that can be activated by the buyer as the only permit available in that city and will be a significant source of income. Cash flow would be increased through extending hours.

Sales: $236,125 Purchase Price $180,000 Down Payment $180,000
Cash Flow $54,130 For 12 months ending Dec 2017 from owner provided P&L
Rent $3,481 NNN $440 Bldg. Size 1,495 Sq. Ft. Expires 12/31/2020
One Option for 5 Yrs
Owners FT 0 PT 0 Employees FT 2 PT 1
Hours: Monday - Friday 10:00 - 6:00 Saturday 10:00 - 3:00 Sunday Closed

Property information

Real Estate:

Lease

Lease Terms:

Rent $3,481 NNN $440 Bldg Size 1,495 Sq. Ft. Exp 12/31/2020 One Option for 5 Yrs

Lease Rent:
$31 (USD) per sq ft per annum
Location:

Prime Santa Clara Valley Retail Location

Premises Details:

Rent $3,481 NNN $440 Bldg Size 1,495 Sq. Ft. Exp 12/31/2020 One Option for 5 Yrs

Size in square feet:
1,495

Business Operation

Reasons for selling:

retirement

Trading hours:

Monday - Friday 10:00 - 6:00 Saturday 10:00 - 3:00 Sunday Closed

Employees:
3
Years established:
18

Other Information

Support & training:

2 weeks for 20 hours per week

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$2,500 (USD) - included in the asking price
Related Documents:

Contact Information

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