MergerPlace

Upscale Steakhouses, increasing cash flo

California (Santa Clara)


  • Asking Price: $2,400,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209156
  • Established: Not Disclosed
  • Employees:

Business Description

Two elegant steakhouses with increasing cash flow are currently for sale at prime locations in Fremont (5,600 sq. ft.) and Santa Clara (6,200 sq. ft.). Established in 2017 and 2018, both locations offer live music on Thursdays and a “Top Premium Spirits two-for-one night” on Mondays. Large outdoor patios with heaters provide additional seating. The current owner is a hospitality developer (this is his first venture into the restaurant business) and though he has invested $2M in each location has found he is unable to devote sufficient management time to bring them to their full potential. VERY MOTIVATED TO SELL QUICKLY! Will consider early possession.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
County: Santa Clara

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $2,400,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Michael Floorman

Business Team