L'acquolina Restaurant: Stunningly Beautiful Restaurant For Sale

Business description

L'acquolina Restaurant: Stunningly Beautiful Restaurant. New Price Reduction, Rrc#: 1232 Location: 397 Main Street; Los Altos, California
Offered At:219,000
Listing Description ----
New Price Reduction - Stunning Surroundings Combined With A Functional, Well Thought Out Kitchen And Versatile, Distinctive Dining Rooms Describe This Immaculate Restaurant And Bar Operation. Customers Are Met With A Beautiful 20’ By 8’ “L” Shaped, Granite Finish Bar With Woodwork Restored To Reflect Its Historic Beginnings Circa 1911 And Display The Fine Wines, Aperitifs And Spirits On Hand. Italian Floor Tiles, Exquisite Furnishings, High Quality Tables, Chairs And Accessories And Hd/Lcd TV With Satellite System Add Further To The Enjoyment Of This Relaxed Setting. The Comfortable Dining Area, Which Is Actually Three Semi-Divided Rooms Are Visible From One To The Other Or Can Be Made Private With A Gorgeous Tapestry Moved Into Place When Needed. Custom Arched Plantation Shutters, Etched Glass And Stained Glass Panels, Original Commissioned Artwork Are Some Of The Many Fine Touches Awaiting The Clientele. The Entire Restaurant Is Ada Accessible, And Features A Designated Ada Restroom As Well As A Separate Restroom Each For Men And Women. The Behind Bar Equipment Features A Two Group Espresso Machine, Espresso Grinder, Ice Machine, Handheld Drink Dispensing Nozzle, Hand Sink, 4door Bar Fridge, 3-Tub Bar Sink All Illuminated By Under Bar And Bar Display Backlighting. The Kitchen Is A Galley Style Design With 19’ Type 1 Hood Over The Cooking Line Which Includes The Following Equipment: Three 6- Burner Ranges With Ovens (Two Are Convection), 3’ Char Grill, 3’ Flat Griddle And A Double Deep Fryer. Other Kitchen Equipment Includes A 3 Door Pantry Prep Station, 2-Dr. Under Counter Fridge, Microwave, A Smoker, 1-Door Beverage Fridge, Hobart Mixer And A Kitchen-Aid Mixer. Several Small Stainless Work Tables As Well As Two 6’ Tables With Double Overhead Shelves With Heat Units For Server Order Pick Up Are Opposite The Cooking Line. A Unique Walk-In Has A Traditional Man Door On One End As Well Reach-In Doors For Easy Line Cook And Server Access. A Separate 10’ X 14’ Food Prep Room Is Off The Main Kitchen Which Includes Two 2-Door Freezers, 2-Door Reach-In Fridge, Heavy Duty Slicer, Shelving And Storage Cabinet. Other Rooms Include A Mop Sink/Mat Cleaning Room, A 22’ X 5’ Linen And Employee Locker And Change Room, A Lockable 6’ X 14’ Wine/Liquor Room With Shelving All Around And Finally A 6’ X 12’ Office With Multiple Pieces Of Office Equipment Complete With Wireless Router. The Savvy Buyer Can See The Potential For Increased Revenue By Opening Seven Days A Week For Both Lunch And Dinner, Serving Weekend Brunches And Make Full Use Of The Bar, The Type 47 Liquor License And The Three Separate Dining Areas To Allow For Private Functions And Host Events That Could Run The Gamut From Business Meetings, Winemaker Dinners And Single Malt Scotch Tastings. This Is A Beautifully Designed, Furnished And Well Equipped Restaurant In A Desirable And Highly Visible Corner Location. The Business Name, Menu And Concept Are All Part Of The Sale. Restaurant Has Recently Closed. Seller Is Open To Carry-Back Some Financing. Rent is $8,000 per month, all inclusive, for a period of two years. In the third year, the rent would increase to the current rent amount of $10,800 for the remainder of the lease term, with no further increases.
www.lacquolina.com
General Information --
Organization: Llc Year Established: 2007 Current Owner: 2007 # Of Employees: Contact For Info Seating: 121 Square Foot/Size: 4,200 Parking: Street Lic. Required: Business, Type 47 Liquor (Hard Liquor) Days Open/Hours: Restaurant Is Closed Reason For Sale: Other Interests
Financial Information --------
Revenue: 65,000 / Month
Lease Information ----
Lease Rent: 10,800 All Inclusive
Lease Expiration: September 2012
Yearly Adjustment: Greater Of Cpi Or 3%
Lease Option: 5 Years.

Property information

Real Estate:

Lease

Location:

397 Main Street; Los Altos

Other information

Reasons for selling:

Other interests