Perfect Timing to Get This Amazing Hotel Restaurant & Full Bar

Perfect Timing to Get This Amazing Hotel Restaurant & Full Bar, in a Great Downtown Location! RRC#: 4146 Asking Price: $198,000 Location: Great Downtown Location in Santa Clara County Annual Revenue: Contact For Info Annual Cash Flow: Contact For Info Monthly Rent: $6668 + %Rents - Maximum Rent $13k Expiration: 2023 plus 5 year Option Listing Description: The timing couldn't be better to jump on this amazing hotel restaurant/bar opportunity as we climb out of the Pandemic and back to a more normal business and travel life. This business is priced to sell fast, so a new operator can hit the ground running as downtown dining and nightlife return, business travel and conventions resume and brings with it a huge customer base to this hotel and the existing full service restaurant and full bar. This stunning 8000 square foot Downtown Restaurant is located in a Major Silicon Valley City. Located blocks from other major hotels, convention centers, a well known University and Entertainment Venue. Just a few miles Away from an International Airport!! This restaurant is a beautiful space with comfortable seating for 56 in the Lounge + 76 in the dining room with additional seating for 46 in the outdoor patio, 36 in a private dining room and there is banquet capability to seat 100 in the dinning room, 100 standing in the Lounge and 150 seated in the outdoor patio. Menu is currently Asian Fusion, but a new operator could bring their own concept also. Included is a Full Type 47 Liquor License and Full Bar. The landlord has been very supportive through the Pandemic, and supported the tenant with rent discounts. There is still time remaining on the current term and there is a 5 year option to extend. Excellent Opportunity for Professional Restaurant Operator with Hotel + Banquet Experience. Pounce on this opportunity now! General Information: Organization: Inc Year Established: 2012 Employees: 20 Reason For Sale: Other Interests Financial Information: Monthly Revenue: Contact For Info Monthly Cash Flow: Contact For Info Annual Revenue: Contact For Info Annual Cash Flow: Contact For Info Annual Payroll: Contact For Info Facilities: Square Feet: 8,000 Seating: 168 Parking: Parking Garage / Street Parking Days/Hours of Operation: Daily Breakfast 6:30am - 10am / Dinner 4pm - 10 pm Location: Santa Clara County, California Year Established: 2012 Number of Employees: 20 Real Estate: Leased Building Sq. Ft.: 8,000 Facilities: Square Feet: 8,000 Seating: 168 Parking: Parking Garage / Street Parking