#6232
Santa Clara County

Established Japanese restaurant for sale in Unique Morgan Hill

$280,000
Available
Established Japanese restaurant for sale in Unique Morgan Hill



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Family owned Japanese restaurant for sale in unique Morgan Hill community. Established since 2002, they specialize in custom rolls that you can't find anywhere else. They also have a wide variety of items for people who don't eat raw fish. The outdoor dining is very romantic with wooden tables and heated lamps. Approximately 2500 sq ft with 85 seating capacity and ample parking. Lease amount is $6000 which covers water, garbage, CAM and pro-rata property tax. There is a beer and wine license as well. Yearly gross sales in 2021 was $700,000.

Morgan Hill is a city in Santa Clara County, California, at the southern tip of Silicon Valley, in the San Francisco Bay Area. Easily accessible, just minutes from San Jose and Highway 101. Morgan Hills is known for their rolling hills, award-winning wineries, an up-and-coming downtown with fabulous restaurants, art and boutique shopping. Morgan Hill is a high net-worth neighborhood that is rapidly developing $1M+ townhomes. The train depot brings in many commuters from Silicon Valley and all of the tech companies like Google and Apple run shuttles to Morgan Hill. There is a rich community feeling here as many Morgan Hill residents have been here for multiple generations. Their customers are often second generation. Children who came in when we opened have become regular customers and bring their own babies. This is the type of brand loyalty that comes with purchasing a 20 year brand.

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Total Monthly Rent:
$6,000

Financials

Last Year's Annual Gross:
$700,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
13
# of Working Owners:
1
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
# of Parking Spots:
plaza
Inside Sq. Ft.:
2,500

Highlights

  • Can convert
  • may not do panda express, wingstop, subway, pizza
  • Nice outdoor patio

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 47,640
Households 5-mi
2010 Number Of Households 14,904
2010 Persons Per Household 3.03
Median House Value $606,900
Income Per Household $95,047
Businesses 5-mi
2009 Number Of Businesses 1,202
2012 Number Of Employees 30,988
2012 Total Annual Payroll $740,986,000

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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