A One Of Kind High Quality Restaurant.
Santa Clara County, California
|
|
Asking Price |
$299,000
|
|
Revenue |
Contact For Info
|
|
Cash Flow |
Contact For Info
|
|
|
Lease Rent |
$17,225 / month
|
|
|
Square Feet |
15000 |
|
Listing Description |
|
|
AP Stumps Chop House had occupied the premises for over 11 years and has recently closed their doors. This rare opportunity offers a turn-key operation ready for a new menu, recipes, and name! Attention all Chef's - bring your ideas!
This Asset Sale includes all FF&E, Leasehold Improvements and Lease. Complete list of all FF&E available upon request.
AP Stumps invested over $3,000,000 to build out this elegant and tasteful location with the utmost concern for first class comfort and style.
The premises include 7500 sq ft of ground level dining, full bar, large kitchen and huge BOH. This level also includes restrooms, an elevator, large outdoor patio, and staircase to basement level. There is also a private dining room in the front room.
The seating capacity exceeds 450 including all dining areas, patio, bar and banquet area. The garden setting patio offers 3000 sq ft of outdoor dining which includes a plumbed bar (beer taps too).
The lower level features 7500 sq ft of banquet dining, full kitchen, additional restrooms, and a custom wine storage room complete with an impressive collection on display.
The lease expires Dec. 2017 with one (1) ten (10) year option. Lease is assignable and/or assumable.
Rent is $17,225/mo. NNN. Net's are approx. $3000/mo.
There is currently an ABC Type 47 license and a C.U.P. for alcohol sales til 1:30 am, closing at 2:00 am, and live music. Check with City on status of C.U.P. May need to also apply for an Entertainment License.
Ample parking available on street (meters) and in parking garages. Paid parking available directly behind restaurant. Valet parking is also available.
Seller is extremely motivated and will entertain all offers. For more info and a private tour of this amazing facility, please call Broke/Agent.
Co-listed with Richard Matusich (Broker).
|
|
|
General Information
|
|
Organization: |
Not Available
|
|
Year Established: |
1998 |
|
Current Owners: |
1998 |
|
# of Employees: |
Contact For Info |
|
Seating: |
475 |
|
Square Feet: |
15000 |
|
Parking: |
Street & Garage |
|
License(s): |
Business, ABC, Health |
|
Day & Hours Open: |
7 days a week for Lunch & Dinner |
|
Reason For Sale: |
Closed |
| |
|
|
Financial Information |
|
Revenue: |
Contact For Info |
|
Cash Flow: |
Contact For Info |
|
Payroll: |
Contact For Info |
|
Inventory: |
$0 |
|
FF & E: |
$200000 |
| |
|
|
Lease Information |
|
Lease: |
$17,225 / month |
|
Expiration: |
Dec. 2017 |
|
Yearly Adjustment: |
5%
|
|
Option: |
one (1) ten (10) year |
|
Security Deposit: |
0
|
| |
|
|
Financing Information: |
|
Down Payment: |
none |
|
All Cash: |
299000 |
|
Note Balance: |
0 |
|
Rate/Term of Note: |
0 |
|
|
|
|
|
To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=15158
Disclaimer
The information in this
listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
Read the
disclaimer
before responding to any ad.
|
Buyers Register Free!
Search, post free wanted
ads, track favorites and receive
auto alerts for free!
Buyer FAQs
Answers to frequently asked
questions from our buyers.
Financing
Guide
Cash Financing
for Working Capital, Business
Loans and SBA Assistance,
Commercial Real Estate Loans,
Lines of Credit, Business Credit
Cards and more. |
|
Advertise with Us
Become a sponsor
and reach a target market of
tens of thousands of active
buyers and sellers. |
|
|
|
Click
to enlarge
Save Listing to Favorites
