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#5368
Santa Clara County

Absentee run Indian restaurant for sale in Saratoga

$228,000
Available

Absentee run Indian restaurant for sale in Saratoga. They serve Veg Biryani, Paneer Bhurji, Lamb Tikka Masala, Butter Chicken, Tandori Chicken, Bikaner Paneer Tikka, and papad. Lease is $5400 all inclusive. Yearly sale is $300,000-$360,000. Approximately 1800 square feet with beer and wine license. Some of the equipment include 16 feet type 1 hood, tandoori oven, 2 big burner, grease interceptor, ice machine, fountain drink machine, one sandwich unit and much more!!

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is 7 year remaining plus 5 yr option and another 5 year option
Total Monthly Rent:
$5400

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
1
Hours Open:
11:30-10pm every day ,
Year Established:
2016
Hood System Type 1:
Yes

Facilities

Indoor Seating:
70
Outdoor Seating:
40
# of Parking Spots:
ample parking
Inside Sq. Ft.:
1800

Highlights

  • Can convert into other concepts

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 31,846 160,445
Households 3-mi. 5-mi
2010 Number Of Households 10,977 56,380
2010 Persons Per Household 2.77 2.76
Median House Value $1,000,000 $936,860
Income Per Household $158,655 $127,011
Businesses 3-mi. 5-mi
2009 Number Of Businesses 733 4,233
2012 Number Of Employees 10,182 114,878
2012 Total Annual Payroll $246,380,000 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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