This full service, upscale restaurant did nearly $1.6Million in sales in 2019 with strong SDE profits, while only operating 6 dinner shifts a week. In 2020, they were able to maintain nearly $1Million in sales with an SDE profits over $100,000 after adjustments to their operations and hours. A savvy Chef owner could utilize the many revenue streams that have made this business successful as well as extend hours to include lunch or brunch. The owners has now pivoted the business to an elevated sandwich hot spot, and still produces high volume and profits during 2021. A new owner will profit from this amazing high-traffic location, that is one of the most coveted, food focused streets and in Oakland. This truly Turnkey space was designed with such attention to detail through a Chef's eyes. The rustic and homey space is versatile for many uses . The open kitchen boasts one of a kind custom fixtures and details including, patina copper fixtures and hood, and over 70 feet of long butcher block counters, a rare brick hearth oven for smoking, roasting and grilling, 1 10ft Type -1 Hood, 1 4ft Type-1 Hood, Montague & Imperial equipment and ample top of the line equipment throughout the kitchen and space. A true CHEF's dream kitchen! (equipment list available upon request) Within this outstanding restaurant space there are 49 seats within, 4 bar seats, a 12-top Private Dining room and Outdoor Alley Patio seats. This sought after, high traffic location is located on one of the most coveted foodie streets and premier neighborhoods in Oakland. Don't pass up this Chef focused space!

General Info

  • OrganizationCorporation
  • Established2013
  • Current Owner2013
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating49 inside, 4ADA, 12 Private Room, 20 Patio/Alley
  • Square Feet1580 ground floor, +1580sq ft in basement and storage
  • ParkingEasy Street and Lot parking
  • LicensesType 41, health, business
  • Open Hours2019 dinner only, currently lunch and dinner

Lease

  • Rent$6675 in 2020 & $7667 in2019 +nnn
  • ExpirationJan 2022
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • Deposit3,604

Financials

  • Monthly Revenue$132,664
  • Monthly Cash FlowContact for Info
  • Annual Revenue1,591,571
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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