An Iconic food neighborhood in North Berkeley featuring top restaurants, casual eateries and retail. This 270 square foot street food market has a large Zen garden common area that draws locals and tourists alike. The space requires no more than one employee or to operate at any given time and is a perfect owner operator set up. SDE profits range from $75 - $115K a year. If ice cream or gelato is your passion this operation is turn key with lots of Goodwill. Equipment Includes: 2 Stools, 24 Unit Oscartielle Gelato/Ice Cream Showcase, 2 2-Door True Undercounter Fridges, 3 Comp Dish Sink, Heavy Duty Safe, 2 Metal Storage Racks, Employee Lockers, 1 7-Door Metal Storage Unit w/Marble Prep Top, Marble Counters, 1 Waffle Cone Maker, 1 Hand Sink, Backlite Signage, 1 Pass Through Window, 1 Cash POS Drawer and Printer, Track Lighting, Various Kitchen Equipment

General Info

  • OrganizationLLC
  • Established2015
  • Current Owner2015
  • Employees1-2
  • Reason For SaleOther Interests

Facilities

  • SeatingGourmet Food Court, Complex, Garden
  • Square Feet270
  • ParkingStreet
  • LicensesHealth & business
  • Open Hoursdaily noon-9pm

Lease

  • Rent$2900 min base rent +CAM+Taxes
  • Expiration2/29/20 (5 yr lease terms)
  • Yearly Increase5.5%
  • OptionNew Lease Negotiable 3-5yr terms
  • Deposit$9,300

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$225,000
  • Annual Cash Flow$34,097
  • Payroll$6,537

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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