College Avenue in the East Bay is the place to be a restaurant owner!  This neighborhood boasts an affluent and diverse population, who love to dine out.  The bustling street has so many great dining, drinking and retail options that it draws customers from all over the Bay Area. This Japanese restaurant has been in business under the current chef owner for over 13 years and the neighborhood loves and supports the quality food this restaurant creates.    The interior space has dining and sushi bar seats for 40, 8-10 on the sidewalk, and installed a parklet that seats up to 18 more guests. Their sales on limited lunch service and short dinner service hours approached $450,000 in 2019, and maintained a commendable volume in 2020 due to takeout capabilities and the new parklet.  Current base rent is a reasonable $6426 per month.   Create your legacy in the Rockridge neighborhood and jump on this amazing location opportunity right now!   Equipment list upon request...

General Info

  • OrganizationInc
  • Established2008
  • Current Owner2008
  • Employees5+/- (family run)
  • Reason For SaleOther Interests

Facilities

  • Seating40 Inside, 6-10 Sidewalk, 18-20 Parklet
  • Square Feet1,261
  • ParkingEasy Street
  • LicensesHealth & Type 41
  • Open HoursCurrent (no lunch) Dinner 5-9

Lease

  • RentContact for Info
  • ExpirationApril 28, 2023
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$23,884 (security & equipment deposit)

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$422,066
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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