Last Revised: 9/19/19. Posting #: 256940
Key Words: cafe, santa clara, sunnyvale
Financial Info: Price: $799,000. Lease: $23,000/month ($4.00 sq. ft. base/NNN approx $0.50 per sq. ft.). Lease terms: 5/5 or 7/7 or 10/10. New lease available. Current Sales: $1.6 million and is profitable. Menu/concept can be included in sale. New owner can increase sales by opening lunch time.
Profile: Size: 5,750 sq. ft.
Upstairs available if buyer wants larger restaurant. Approximately 5,000 sq. ft.
Lease: $23,000/month ($4.00 sq ft base/ NNN approx $0.50 per sq ft)
Lease terms: 5/5 or 7/7 or 10/10
Will give new lease.
Type 47 full liquor license
Over 2 million in TI in kitchen alone.
Menu/concept can be included in sale.
Current Sales: $1.6 million and is profitable
Downtown Sunnyvale prime location with Caltrains across the street.
Uber moving in with 2,000 employees (half block away).
New owner can increase sales by opening lunch time.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years.
Key Words: jeff back, j. back & associates - restaurant sales, restaurant, restaurant broker, fast food, hamburger, bar, quick service restaurant, pizza, gastro pub, pub, thai, mexican, hayward, alameda, san ramon, constra costa, san jose, santa clara, oakland, dublin, lafayette
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
View All Related Resources & Advisors For This Posting
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
View Related Blog Posts For This Posting
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
Related Discussions For This Posting
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Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
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