The local Berkeley folk overwhelmingly embrace this wonderful downtown pizzeria that also offers slices and an eclectic beer program which makes up for between 30-35% of their total sales.  This restaurant focuses heavily on community outreach which comes back in the form of local customer driven sales and support. This pizzeria's dine-in and catering customers include UC Berkeley student organizations, top City of Berkeley officials, Berkeley Unified school district, nearby music venues and many more.   It is located on one of the busiest and most visible streets/intersections in the city,  half a block off the downtown Berkeley strip, two blocks from downtown Berkeley BART station, two blocks from UC Berkeley.   The space inside has an indoor capacity of 99 with a variety of communal tables, bar seating and regular dining tables and chairs with ceiling sound panels that help when the house is packed for events and sports.  They also built a custom parklet out front which adds 40% more seating.The pizzeria and beer bar double as a sports bar with its many TV's. It fills up fast for big sporting events including local teams (big Warriors following), international soccer, and NFL football.  Weekly community events include trivia and live music.   There are two large bars with an extensive tap system, an open kitchen, walk in fridge, a small office, security camera system and much more. A full equipment list is available upon request.     When the current owners took over they had zero restaurant experience and were immediately profitable. They have grown and thrived over the years, and are confident a new owner with pizza and restaurant experience could scale this business quickly and substantially.   The business regularly did over $1,000,000 in sales.  They survived the pandemic focusing on takeout/delivery.  2021 has seen a month over month increase in sales, even with more limited hours.    For off site catering, events, festivals and sporting events they bring their portable outdoor wood fire pizza oven along, which draws a lot of attention. This portable oven can be included in this purchase for an additional $15k, and is well worth the additional investment.    Don't miss out on this amazing opportunity to own a popular pizzeria that has been a Berkeley institution for over 15 years!

General Info

  • OrganizationInc
  • Established2006
  • Current Owner2016
  • Employees15+
  • Reason For SaleOther Interests

Facilities

  • Seating99 Capacity inside and 40+ seats outside (parklet)
  • Square Feet2,400
  • ParkingEasy Street Parking
  • LicensesType 41, Health Business
  • Open Hours11am-11pm Sun-Thurs and open until 2am Fri-Sat, Currently Hours due to Covid are5pm-10pm and noon-11pm Fri-Sat

Lease

  • Rent$7,245 Rent +$1,757(CAM), Tenant pays 20% of Prop Ins, 30% of H2o
  • Expiration12/31/24
  • Yearly IncreaseYes
  • Option1 - 5yr Option
  • Deposit$7,000

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • 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