Casual neighborhood hangout for clientele seeking quality, specialty beers, snacks and conversation. This well established profitable business generates consistent sales and $146,000 cash flow for the absentee owner, who does not work in a hands on capacity. Any buyer choosing to work full time or semi-hands on, would generate additional cash flow by eliminating manager payroll expenses. Month to month sales are very, very consistent, as is the net income. Situated in a super desirable Alameda County neighborhood, the location could not be better. The casual, hip interior features delightfully high ceilings, adding ambience and spaciousness, rustic tile floor, tables, stools and bar seating. The equipment is efficiently minimal, which includes a dozen beer taps, 5' x 9' wall-in cooler, a 3-compartment bar sink, hand sink, under counter fridge and glass door beverage merchandising refrigerators. There is a dry goods storage room, upstairs office and additional storage, and an ADA customer restroom. In summary this opportunity should attract any qualified buyers looking for a profitable business as a single owner operator or a partnership. Seller and landlord require that Buyers must be financially well qualified and possess substantial business experience. Submit the confidentiality agreement and screening questions below to receive additional information about this business. THE NAME AND BRANDING ARE NOT INCLUDED WITH THE SALE

General Info

  • OrganizationContact For Info
  • Established2012
  • Current Owner2012
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating800 + mezzanine
  • Square Feet800 + mezzanine
  • ParkingStreet
  • LicensesBusiness, Health, ABC Type 42 License
  • Open HoursDaily 11a-11p

Lease

  • Rent$4,126 all inclusive
  • ExpirationNov. 2022
  • Yearly IncreaseCPI
  • Option5 years negotiable
  • Deposit$3,200

Financials

  • Monthly Revenue$74,000
  • Monthly Cash Flow$12,000
  • Annual Revenue$886,000
  • Annual Cash Flow$146,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact 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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