Bar with Full Kitchen and large beer garden space in Oakland for sale. Overall, this business provides an outstanding opportunity for the right person to create a vibrant bar and restaurant and given the location could be 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 program. The current space is 13,500 with 9,500 indoor space and outdoor beer garden area is 4000 sq ft, The landlord is willing to divide the space and provide provide a new lease. The space will be roughly 4,500 sqft inside and 4,000 outside. A new lease based on a 5 year and 5 option will be provided. The starting rent will be $10,000 (+NNN). The option to keep the current undivided space is available and the rent would start at $15,000 (+NNN) 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

  • Seating49 Inside and 200 Outside
  • Square Feet4,500 Indoor and 4,000 Outdoor Beer Garden
  • ParkingStreet Parking
  • LicensesType 47 Liquor License, Business and Health Permit
  • Open HoursWed - Saturday 5pm-10pm

Lease

  • Rent$10,000 (+NNN) or 15,000 (+NNN)
  • Expiration5 Year Term - Negotiable
  • Yearly IncreaseNegotiable
  • Option5 Year Option - Negotiable
  • DepositNegotiable

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