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#5542
San Jose Metro

Mediterranean restaurant in upscale Silver Creek community of San Jose

$129,000
Mediterranean restaurant in upscale Silver Creek community of San Jose
This Listing is Expired

Local family-owned Mediterranean restaurant for sale in the heart of Silicon Valley of San Jose. Located near Silver Creek which is primarily an affluent residential district. Their Cuisine consists of traditional Mediterranean Recipes, including the broad spectrum of Greek, Italian, and Middle Eastern dishes. He does private parties and catering as well. Lease is $6300 all inclusive which cover garbage and CAM charges. There is a beer and wine license with approximately 100 seating capacity. Full kitchen with 12 feet type 1 hood, chest freezer, 2-door freezer, grill and much more. Can convert into another cuisine.

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Jose Metro
Lease Term:
There is 6yr + 5 yr option + 5 yr option on lease
Total Monthly Rent:
$6,300
Security Deposit:
$8,000

Financials

Last Year's Annual Gross:
$320,000

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Working Owners:
1
Hours Open:
closed Tuesday- 12-3:30pm.
3:30-8:30pm
Year Established:
2017
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
# of Parking Spots:
shopping plaza
Inside Sq. Ft.:
2,370

Highlights

  • locate in affluent neighborhood of Silver Creek of San Jose

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 20,930 40,792 47,601
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,049 12,754 14,954
2010 Persons Per Household 2.85 3.05 3.05
Median House Value $758,300 $738,663 $706,082
Income Per Household $124,288 $132,775 $126,838
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 236 542 614
2012 Number Of Employees 5,550 21,336 22,076
2012 Total Annual Payroll $132,927,000 $886,749,000 $897,917,000

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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