This Contra Costa County restaurant specializes in pizza and pasta. It recently acquired a type 47 full liquor license; current sales do not reflect this acquisition and there is substantial room for building alcohol sales. The restaurant is open for lunch and dinner 7 days a week. Lease agreement features low rent and an option to renew after 4 years. The restaurant is located on a busy street with heavy foot traffic in the premier retail area in a desirable East Bay community. The restaurant has an indoor bar area that features a large flat screen TV. Indoor seating capacity is 48. The outside patio seats up to 12, and has new heat lamps. New indoor flooring was installed recently. Equipment includes the following: New Revel POS; espresso machine; 3 door under counter beer refrigerator; 2 door under counter refrigerator; 5 tap system; soda tap system; 4 baker pride pizza ovens; 6 burner stove with oven; 1 door under counter refrigerator; 3 door refrigerator prep station; walk-in refrigerator; pizza dough station with Hobart mixer; dry storage area; 3 compartment sink; dishwasher; ice machine; 1 door reach-in freezer.

General Info

  • OrganizationContact For Info
  • Established2013
  • Current Owner2013
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating48 Inside and 12 Outside
  • Square Feet1383
  • ParkingStreet
  • LicensesABC Type 47, Health and Business
  • Open Hours11:30am - 9:30pm Mon - Sun

Lease

  • Rent$3,490
  • Expiration2021
  • Yearly IncreaseContact For Info
  • Option4 Year Option
  • Deposit4470

Financials

  • Monthly Revenue$51,500
  • Monthly Cash Flow$5,500
  • Annual Revenue$618,000
  • Annual Cash Flow$65,000
  • 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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