Bar with large beer garden space in Oakland for sale. Overall, this business provides an outstanding opportunity for the right person to create a vibrant bar/restaurant/event space that could become a popular destination. The space includes a kitchen which can be used for a restaurant concept; the current owner is sub-leasing the kitchen space to a pop-up concept. A new owner/operator could continue utilizing the kitchen in this manner, or implement their own food concept. The outdoor beer garden area is 4000 sq ft, and can be used to host events and parties. The total bar/kitchen area is 1600 sq ft, and is surrounded by an additional 7400 sq ft of indoor space. This space can be used to accommodate customers/event guests and to showcase art, OR it can be subleased back to the current owner. The current rent is quite low for the amount of space and the opportunity this location presents. The current landlord will provide a new long-term lease to the right tenant. This location is near major thoroughfares in downtown Oakland, and close to other businesses and many residential. A full equipment list is available upon request.

General Info

  • OrganizationContact For Info
  • Established2016
  • Current OwnerContact For Info
  • EmployeesContact for info
  • Reason For SaleOther Interests

Facilities

  • Seating200+ Inside and Outside
  • Square Feet9,000 Indoor and 4,000 Outdoor
  • ParkingStreet Parking
  • LicensesType 47 Liquor License, Business and Health Permit
  • Open HoursWed - Saturday 5pm-10pm

Lease

  • Rent$8,312
  • ExpirationNegotiable
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$6,500

Financials

  • Monthly Revenue$36,563
  • Monthly Cash FlowContact For Info
  • Annual Revenue$438,764
  • Annual Cash FlowContact For Info
  • Payroll$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