Cupertino- Rare opportunity to acquire a stunning restaurant space
Asset Sale Description
This 3,038 square foot fully built out restaurant space in Cupertino won multiple awards for best design when originally constructed. The current owner spent $2.3 Million on the initial build out and has been operating in the same location ever since.
The restaurant is located in one of the most sought-after areas of Cupertino, surrounded by other restaurants and services as well as residential and office space.
The space benefits from an excellent location within the center, being a highly visible end cap space with signage.
The space has a Type 1 hood, walk ins and all the equipment one would need to operate their new concept in the space.
This is an asset sale only, the concept is not for sale and financials will not be supplied as they will not reflect the new owners ability to be profitable.
Current concept operates with a type 41 liquor license.
There are 2.5 years left on the current lease and we can work with the landlord to negotiate a new lease for the buyer. Current base rent is $5.15 per foot per month on a NNN basis.
The following concepts may not be allowed in the center and we will have to get landlord approval for any other concepts.
Thai
Hot Pot
Steakhouses
Burgers
Fried Chicken
Dim Sum
Pizza
Korean Hot Dogs
Seafood
Bakery
Ramen
The restaurant is located in one of the most sought-after areas of Cupertino, surrounded by other restaurants and services as well as residential and office space.
The space benefits from an excellent location within the center, being a highly visible end cap space with signage.
The space has a Type 1 hood, walk ins and all the equipment one would need to operate their new concept in the space.
This is an asset sale only, the concept is not for sale and financials will not be supplied as they will not reflect the new owners ability to be profitable.
Current concept operates with a type 41 liquor license.
There are 2.5 years left on the current lease and we can work with the landlord to negotiate a new lease for the buyer. Current base rent is $5.15 per foot per month on a NNN basis.
The following concepts may not be allowed in the center and we will have to get landlord approval for any other concepts.
Thai
Hot Pot
Steakhouses
Burgers
Fried Chicken
Dim Sum
Pizza
Korean Hot Dogs
Seafood
Bakery
Ramen
Detailed Information
- Facilities & Assets
- Type 1 hood, Walk in, grease trap, full kitchen that is very well built out.
About the Sale
- Seller Motivation
- Seller would like to focus on their other restaurants.
Listing Info
- ID
- 2333125
- Listing Views
- 1404
Listing ID: 2333125 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.