Downtown Morgan Hill Restaurant | 17340 Monterey Rd For Sale - Business for Sale

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Downtown Morgan Hill Restaurant with 120 Seats

Morgan Hill, CA, US
Added 29 days ago
Restaurant / Food & Beverage

A 3,300 sq ft restaurant with 120 seats and a fully equipped kitchen is available for sale in downtown Morgan Hill, CA, with the option to introduce a new dining concept.

Key Information

Asking

$199K

Revenue

$1.4M

Earnings

$1.4M

Multiple

0.1x

Key Highlights

  • Monthly fixed rent is $7,550 for five years with no annual increases
  • Restaurant size is 3,300 square feet
  • Seating includes approximately 90 indoor seats, 30 outdoor parklet seats, and a private dining room for about 20 guests
  • Kitchen equipment includes a 14’ Type 1 hood, 6-burner range, 24" griddle over two convection ovens, two 2-basket fryers, walk-in refrigerator, 3-door reach-in freezer, 3-door reach-in refrigerator, five sandwich units, and 3 other units
  • Optional Type 47 full liquor ABC license available for an additional $70,000

Contact Info

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