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#5368
Santa Clara County

Absentee run Indian restaurant for sale in Saratoga

$228,000
Absentee run Indian restaurant for sale in Saratoga
This Listing is Expired

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 EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases 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.:
1,800

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

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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.