Link Business

Authentic South Indian Vegetarian Restaurant, Amazing Location

Listing: #SV00046
price

$300,000

Profit

$40,000

sales

$700,000

Industry

Restaurant


Diane Ho

Broker | Silicon Valley

Diane Ho

diane.ho@Linkbusiness.com

(925) 201-1989

(408) 888-0498


About this Business for sale in Greater San Francisco Bay Area

Authentic South Indian Vegetarian Restaurant, Amazing Location

This authentic south Indian vegetarian restaurant is in the heart of busy business and residential area, close to hi tech companies. The owner has invested about $264K in tenant improvements. Located in a city well-known for its prosperous technology companies.  Revenue trending up in 2019. Projected to do over $800K sales this year. The new owner could continue running the current concept or convert it to a new concept. 

Established staff in place with 7 full-time employees and 1 casual employee. Rent is $7393 per months NNN including CAM + utilities. Long term lease 7 years + 7 year option. 

 

Silicon Valley
diane.ho@Linkbusiness.com
(925) 201-1989
(408) 888-0498

Diane Ho

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.