Restaurant and Bar Willow Glen section of San Jose established 44 years

Restaurant Details - Please Send More Info About This Property


DESCRIPTION
Willow Glen downtown restaurant and bar established 42 years with strong sales and profits and a very good lease.
This is truly an opportunity of a life time to purchase a restaurant that has been in continuous operation for 44 years with the same family ownership in the Willow Glen area of San Jose. The restaurant is a landmark in the community and the owners are planning to retire. The restaurant enjoys a great lease and a very good relationship with their landlord. The restaurant has a full bar with a 47 liquor license, large full service kitchen and a dining room with booths and tables, and a patio. The menu consists of moderately priced Salads, Burgers, Sandwiches, main courses and a wonderful breakfast. The restaurant has very strong sales of approximately $2.0 Million annually and good profits. Lease: Rent: $6,890 monthly + reimbursement of $7,082 annually for taxes and sewer. Term: Through September 2022 + options direct from landlord. This is a confidential listing
GENERAL
Region:
South Bay

Location:
Willow Glen

FINANCES
Asking Price:
735,000

Sales Volume:
2,000,000

Monthly Rent:
$6,890

FACILITY
Facilities:
Full kitchen and full bar with 47 license and outside patio

License:
Full Liquor

Lease Expiration:
2022

Lease Options:
options available through landlord.