Italian restaurant and night club which could be operated together or separately are for sale. The restaurant and the club are located in the same building, with the restaurant on the ground floor and the club in the basement. Currently, they run as separate businesses, but the operations could be integrated. The restaurant and night club are located in a busy part of the East Bay on a main thoroughfare. The Italian restaurant features classic Italian dishes composed with organic, seasonal, locally sourced ingredients, and a full bar. The main dining room in the restaurant seats approximately 100, and the bar/lounge area seats an additional 50. The food is highly acclaimed. The owners invested $1,000,000 into building out the restaurant space and the nightclub in 2018, thus the interior of the restaurant has a very current look and feel and is beautifully designed and making this space a turn-key for a new operator. Currently the restaurants opens as a cafe during the week for breakfast and lunch and brunch on the weekends. It opens nightly for dinner. The downstairs club hosts live music, comedy, and DJ events. Its legal capacity is 262. It has a dance floor, a stage, a cocktail lounge-type seating area, an office, and is connected to the upstairs restaurant by elevator.

General Info

  • OrganizationLLC
  • Established2018
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet14,800
  • ParkingParking Lot and Street
  • LicensesABC Type 47, Health and Business
  • Open Hours9am - 2pm 5pm - 11pm Wednesday - Sunday

Lease

  • Rent$14,000 + $8,000
  • ExpirationDecember 2027
  • Yearly Increase3% Annual Adjustment
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$133,334
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,600,000
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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