This newly remodeled restaurant sits on a corner location on the one of the most desirable retail thoroughfares in Oakland. The surrounding area has high end demographics and the business has upside for many desirable concepts as the name and menu of the existing restaurant is not included with the sale. The restaurant has a large glass frontage, patio area, comfortable dining room with a combination of tables and chairs and banquette seating with an open airy feeling. There is a full kitchen, prep kitchen, dishwashing area, lots of storage areas, office and 2 ADA restrooms. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 3' flat grill, 3 door under counter refrigerator + sandwich station, 6 burners over oven, 3' cheesemelter, 4- 2 door under counter refrigerators (1 with sandwich station and 1 with 4 taps), 4' flat grill, 2' x 3' chargill, 3' flat grill, 2 basket fryer, rotary toaster, slicer, Robot Coupe, 2 compartment sink, 2 hand sinks, dishwashing sink + rinse hose, 2 full door freezer, walk-in refrigerator, mop sink, POS system, 3' - 3 shelf glass refrigerator display case, automatic espresso machine, 2 large coffee makers, ice bin plus 6 beverage dispensers, orange juice machine, 2 compartment drop-in freezer, ice machine, juicer, 12 employee lockers and 3 soup warmers, etc. The rent is fixed with no increases through April 2021. THE NAME AND MENU ARE NOT INCLUDED WITH THE SALE.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating75+ inside and 20+ outside
  • Square Feet2800
  • ParkingStreet
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 / 7:30a-10p

Lease

  • Rent$8000 fixed through 4/2021
  • Expiration4/30/2026
  • Yearly IncreaseContact For Info
  • Option2-Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$92,811
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,113,732
  • Annual Cash FlowContact For Info
  • 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.

Location