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Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

 

 


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Listing Information
 
Premium Outlet Restaurant - Price Reduced For Quick Sale!
Listing ID: SB556 Location: Santa Clara County  
Broker: Eric Nielsen Ph:(408) 436-1900 x110
Brief: Price Reduced! Attractive kitchen restaurant build-out. Busy Gilroy Premium Outlet. Can convert
Listed Price: $75,000
Total Sales: $35,000 / month
Seller's Discretionary Earnings: Please Call
Fixtures Furniture, & Equipment: Please Call
Real Estate: N/A
Inventory: Please Call
Financing / Terms: Please Call
Business Information
Year Established: 2007
Number of Employees: Please Call
Days and Hours of Operation: 10am – 9pm / 7 days
Relocatable: No
Facilities / Location: 2,200/ located between two large national brand retailers
Lease Information
Lease Expiration Date: Februrary 2017
Option: N/A
Monthly Rent: $ 6394 inc NNN & utilities
Additional Information
Reason for Selling: Focus on core restaurants
Business Description:

This is a unique kitchen restaurant build-out at the busy Gilroy Premium Outlet outdoor mall. The Outlets are heavily frequented year round by local and regional shoppers. The parking is excellent and the restaurant is well located between two large national brand retailers. There is limited competition and a waiting list of tenants desiring to get into this shopping mall. The base rent is $3,900 with 8+ years remaining on the lease. The build-out and equipment are nearly new and in excellent condition. The kitchen includes a radiant broiler, range / griddle, cheese melter, gas fryer, beer keg refrigerator, beverage dispenser, convection steamer, food processor, food warmer, blender, ice machine and walk-in freezer.  There is a dining area, outdoor seating area and storage area. There are also, two ADA restrooms with decorative tiles, a mop sink room, pos system and 6 flat panel TVs.  Positioned in the fast growing “quick-casual” market, the current concept operates as a grill specializing in sausage sandwiches but can be easily converted to other concepts such as sandwich, ice-cream, Mediterranean, Asian, Indian or other convenience food franchise. The space is even large enough to accommodate a dual concept operation. Current owner is absentee and wants to focus efforts on existing “food court” locations in the western states. This is a great opportunity to showcase your product and cater to Outlet shoppers with a turnkey investment priced well below initial cost. The name and recipes are not included.

Call today for details.

Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 436-1996
6700 Koll Center Parkway, Suite 130 Pleasanton, CA 94566 Phone: (925) 600-0414 Fax: (925) 369-7270

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