Mediterranean Restaurant - Sunnyvale

Sunnyvale, CA
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Asking Price:$375,000
Inventory:$5,000
Gross Revenue:$780,000
Established Year:2015
BUSINESS DESCRIPTION

Description:

This Mediterranean restaurant serves traditional dishes from an open kitchen with a well-appointed dining area inside and a lovely patio outside. This popular restaurant is ideally located on extremely busy street and is a minute’s drive from Hwy-101, 85, and 237. Established and under current ownership since 2015. The sellers plan to exit the food industry and are willing to work with the new owner to ensure a smooth transition and provide.

Training and support as needed. Buyers could carry on with the sellers’ concept and improve revenue by expanding business hours, taking advantage of online delivery services, or opting for concept conversion. Possible concept conversion includes Indian, Korean, Japanese, Chinese, Hawaiian, and American cuisines.



Equipment Included: Type-1 Hood, Walk-in Cooler, 6 Burner Stove with Oven, Convection Oven, Fryer, Open Flame Grill, Flat Grill, 2 Upright Gyro Grills, POS System, Sandwich Prep, Freezer, multiple Refrigeration units, All Tables and Chairs, and much more. A complete list of equipment is available with the Listing Broker.



General Information:

Organization: LLC | Square Footage: 1,614 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Type-41 Beer & Wine Lic. (included and transferable) |

Seating Capacity: 58 (38 inside, 28 patio) | Hours: 11:00 am–8:00 pm | Reason for Sale: Other Business Interests |



Lease Information:

Rent: $7,050/m including NNN

Lease: 1-year remaining on Seller’s lease plus two 5-year options.



Revenue:

Sales $65,000/Month (as per seller not verified by the Broker)



Financing: All Cash/SBA Financing.

All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.


DETAILED INFORMATION
Location
Sunnyvale, CA
Inventory
Not Included in asking price
Facilities
Equipment Included: Type-1 Hood, Walk-in Cooler, 6 Burner Stove with Oven, Convection Oven, Fryer, Open Flame Grill, Flat Grill, 2 Upright Gyro Grills, POS System, Sandwich Prep, Freezer, multiple Refrigeration units, All Tables and Chairs, and much more. A complete list of equipment is available with the Listing Broker.
Financing
All cash/SBA
Support & Training
Seller training is possible.
Reason for Selling
Other Business Interests
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HARRY
SIDHU
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HARRY SIDHU