This well established breakfast and lunch operation located in Berkeley has lots of upsides. It is open only 5 days week and operates 33 hours per week (closed Monday & Tuesday) and IS CLOSED TWO MONTHS A YEAR (January and July) to accommodate the sellers traveling schedule. Sales and profits could increase substantially with 2 extra days of business plus two extra months of business and the further upside of adding dinner if desired. If the current operation was open 7 days a week, 12 months a year the projected Sellers Discretionary Cash Flow is $115,428. There is a comfortable dining room, display kitchen, prep kitchen and outdoor seating area. Some of the equipment include as follows: type 1 hood with fire suppression system, 6 burners + 2'6" x 3' flat grill over oven, 2 basket fryer, 2 door under counter refrigerator + sandwich station, hand sink, 3 compartment sink, 3 full door refrigerator, slicer, full door freezer, 2 compartment sink, ice machine, soup warmer, 2 meat grinders,2 counter mixers, full door glass refrigerator, Robot Coupe, Juicer and 6 employee lockers, etc. There is also a laundry room with a washer and dryer, ADA restroom. The seller is also the landlord and will offer a long term lease to a qualified buyer. There is also upside for credit card sales which they get a big demand for as all their sales are cash.

General Info

  • OrganizationContact For Info
  • Established1990
  • Current Owner2001
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating49 inside + 32 outside in patio
  • Square FeetContact For Info
  • ParkingStreet
  • LicensesBusiness
  • Open Hours5 / W,Th, F: 8a-3p; SA, S: 8a-2p

Lease

  • Rent$3,500 + utilities
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$39,297
  • Monthly Cash Flow$6,779
  • Annual Revenue$471,564
  • Annual Cash Flow$81,348
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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