Great main street location in busy Bay Area city. Established location is complete with type 47 full liquor license, You can bring your own cuisine or continue the existing one. Current Owner has had this location for 25 years. Located in Mixed Use area with Family Homes, Apartments, Car Dealerships, Hotels, 1/2 mile from Major Freeway, BART within walking distance and office buildings that need catering. Needs a person who can use marketing techniques of the new millennium and likes to be the face of the restaurant. An experienced partnership would be fantastic for this 2500 sf location. With your combined experience this would almost be a Turn Key operation if you change the cuisine. There was an update done to the dining room 4 years ago. This is a steal for this area. Under-market rent at less than $3 a square foot. Restaurant is Grossing over $500K per year. Sales are at terrific level to start off for a new proprietor. Complete with all equipment including, Full Bar, Large Kitchen,Type 1 hood with fire suppression system, walk-in refrigerator, walk-in freezer, 4 door sandwich prep refrigerator, char grill, 8 burner stove/oven, standing 4 basket deep fryer, panini press, 2 door sandwich prep refrigerator, 2 microwaves, hot table, and all the shelving and s/s tables needed for prep. All equipment is included in sale. Prep sandwich fridge, panini machine, professional microwave, bread warming ovens Fill out the NDA above to receive the information about your new restaurant.

General Info

  • OrganizationContact For Info
  • Established1992
  • Current Owner1992
  • Employees10
  • Reason For SaleConsolidating

Facilities

  • Seating55 seats 5 bar stools
  • Square Feet2500
  • ParkingParking Lot
  • LicensesType 41 Beer&Wine/Health/Business
  • Open HoursM-Th 11am-9pm/ Fri 11am-10pm/ S/S 12pm-10pm

Lease

  • Rent$5,000
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$43,750
  • Monthly Cash Flow$1,000
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$19,000

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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