This longstanding and popular bar concept has hit the market! It is located on a bustling block in Downtown Oakland. This popular area is dense with local, business and tourist traffic, with more popular concepts positioning to move into the immediate blocks. This bar oozes old world charm and will transport you to another place. The space includes an equipped kitchen and serves bar fare. The landlord may be open to a Type 1 hood install. The space includes a lovely bar and sitting area, and space for groups or events, and has a lovely outdoor patio area with views of classic Bay Area styled buildings. The bar has a coveted Type 48 Liquor License that would transfer with the sale. A full equipment list can be provided upon request, but includes a highly specialized beer/wine tap system. Calling all bar owners to act fast on this prime business, space and location!

General Info

  • OrganizationLLC
  • Established2006
  • Current Owner2006
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet2,774+/- multi level multi bar, 871 sq ft Patio
  • ParkingEasy Street
  • LicensesType 48, health & business
  • Open Hours5 days, 2-10pm currently

Lease

  • Rent$8,322 (interior) $1,386(patio) + NNN
  • Expiration12/31/23
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$2,000

Financials

  • Monthly Revenueask agent
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,100,000
  • Annual Cash FlowContact For Info
  • Payroll$ask agent

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.

Location