Tapas & Wine Restaurant/Bar for Sale in San Jose, CA

This is an excellent opportunity to acquire a well-established Tapas & Wine Restaurant/Bar located in the heart of Silicon Valley, San Jose, CA (95134). Established in 2016, the business benefits from a prime location near major corporations like Cisco and Intel, ensuring a consistent flow of potential customers. The restaurant offers both Sit-Down Table Service and Counter Service/Fast Casual options, catering to a diverse clientele. With a seating capacity of 51-150 and a size of 3450 sq ft, including a patio, it provides ample space for patrons. The business is owner-operated and generates significant revenue, with Gross Revenue reported in the $1,000,000+ range and Seller's Discretionary Earnings (SDE) between $100,000 and $300,000. The asking price is $500,000, which includes Furniture, Fixtures, and Equipment (FF&E) as well as Inventory. The lease has 2.5 years remaining with a monthly rent of $14,439. The owner is selling due to health issues. This listing is considered high quality due to its detailed financial and operational information.