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Listing ID: 2780893

Trendy Deli/Cafe Serving Popular Sandwiches For Sale

Santa Clara County, Santa Clara, California, United States

$ 99,000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Trendy Deli/cafe Serving Popular Sandwiches, Soups, Salads And Other Yummy Items, Busy Downtown Spot

RRC#: 2909
Asking Price: $99,000
Location: Santa Clara County, Santa Clara County, California
Yearly Revenue: $410,400
Yearly Cash Flow: Contact For Info
Monthly Rent: 5% of sales + nnn + 2.5%

LISTING DESCRIPTION:
Good opportunity with only $99k to own a deli cafe in a busy downtown location. A new buyer can either be part of a growing bay area chain, Erik''s Deli with 30 locations or do your own thing by renaming the place and keeping and expanding the menu.. Open 5 days only. Monday through Friday. Bizzy lunches!! ..Short hours ... 7am to 4pm. Great foot traffic. Perfect for the family operator who wants to own their own place with evenings and weekends free. Just opened late August 2017. Savvy operator with social media marketing and catering experience could explode sales. Trendy downtown location. !!!! Long lease !!!! -5 years plus 7 year option. Top of the line kitchen equipment with fire suppression Hood. Detailed equipment list available upon request. 4083 square feet. 75 seats inside and 20 outside patio.seating. Bizzy quick service breakfast and lunches. Must see. Asking price $149k all cash includes ABC liquor license.. $50k owner financing for qualified buyer. with only 99k down. Excludes ABC license if financed. For more information including name, address etc kindly fill out our non-disclosure agreement. For your convenience a link is located at the top of the page. Thank you.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2017 | Current Owner: 2017 | Seating: 75 | Square Footage: 4083 | Parking: street parking and garage | Licenses Required: Business-Health | Days Open/Hours: 7am to 4pm mon-fri, closed saturday/sunday | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $410,400 |

LEASE INFORMATION:
Monthly Rent: 5% of sales + nnn + 2.5% | Lease Expiration: 2023 | Lease Option: one (7) year option | Security Deposit: 10,000 |

FINANCING INFORMATION:
Down Payment Required: 100000 |

Property Details

Property Type:

Lease

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