Turnkey Downtown Morgan Hill Diner Available
Asking Price: | $275,000 |
Rent: | $5,000/Month |
Gross Revenue: | $523,000 |
Established Year: | 2020 |
Own a beloved local gem with high foot traffic & a loyal customer base
Here is an opportunity to own a community favorite diner here in Morgan Hill. Known for its inviting atmosphere, diverse menu, and dedicated customer base, Papa’s Place offers a turnkey opportunity for an aspiring restaurateur or a seasoned professional looking to expand their portfolio. This restaurant comes fully furnished & equipped with well-maintained appliances and fixtures, as well as new flooring. A new owner can benefit by having extended hours of operation for dinner. There is an active beer and wine license that is transferrable. Plenty of parking in lot and on street-side. Hotel across the street will be tentatively completed by end of 2025 which will help surrounding businesses.
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