Land And Restaurant For Sale

Listing ID: 700160944

Listing Title: Land And Restaurant For Sale

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Northern California - Bay Area

City: Gilroy

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $550,000

Cash Flow: $150,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1993

Number of Employees: 4 - 5

Business Description:
This turn-key business is perfect for an owner/user. It is located on a strip of land with approximately 428 feet facing the busy Pacheco Pass Highway. Approximately 50,000+ cars a day drive by the restaurant and it is very had to miss the landmark ''Cedar House Cafe''. Restaurant is fully equipped and the patio has been recently renovated. The business income has yet to reach its maximum potential. You can add a gift shop, develop a fruit stand. Two large parking lots, one on each side of the restaurant, are directly accessible from the freeway. The entire lot is 1.81 acres of land (per tax records) and offer additional business potential. The restaurant showcases a wood burning brick oven, custom bar, bakery and an atmosphere of exceptional dining, comfort and elegance. The two dining rooms have flexible usage for both large and small events while the landscaped outdoor patio with waterfall, pond, over sized fireplace and gardens are an inspired and unique setting for outdoor dining and private events. The fully equipped commercial kitchen and bakery are spacious and well kept. The restrooms are updated, clean and spacious. For more information please email or contact at 415-595-1300. Asking price: $1,300,000.

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