This unique, amazingly maintained, fully equipped and versatile space is now for sale!  It sits on the busy Berkeley, San Pablo Ave thoroughfare and its neighbors include popular food, coffee and retail stores, as well as many new and upcoming condo and apartment complexes. Up to three new complexes are planned on the immediate blocks.    The lease has roughly nine years left between the current term and one 7-year option to extend. Additionally, the monthly lease rate is $6232/month, which for this size of space and great location is amazing!    The current owners invested heavily in this top tier space and equipment when they opened their specialty organic restaurant just over 10 years ago.   The two level space is one-of-a-kind with raw wooden vaulted ceilings and open design.   The business historically has been profitable, and sold nearly $950,000 in 2019. The owners are currently content with operating more limited hours, but a new operator has a lot of room to expand hours and sales.    It has a long list of included equipment, such as two double stacked ovens, that has been kept in very good and clean condition.  All full Equipment list can be provided upon request.    The kitchen is sparkling and includes a 10' Type 1 Hood.  The service area has a 10 Tap Beer System, Espresso & Coffee station and a filtered water system.   There is extensive open seating for roughly 90 guests inside and limited sidewalk seating as well.  The main floor also has four private restrooms, two of which are ADA.    The mezzanine or upstairs include a large private office, employee room with washer & dryer, extra storage and even a health department approved added food prep area.    The building even boasts a photo-voltaic module, solar panel system on the roof  which saves at least $4k-$5k per year.    This space and location is a MUST SEE, so reach out now for more information and a tour time!

General Info

  • OrganizationLLC
  • Established2010
  • Current Owner2009
  • Employees8 (20 pre pandemic)
  • Reason For SaleOther Interests

Facilities

  • Seating99 capacity, 89 seats
  • Square Feet2,938 main floor, 574 mezzanine, 200 added storage
  • ParkingEasy Metered Street Parking
  • LicensesContact For Info
  • Open Hours11am-530pm (Tenant permitted to operate 6am-11pm)

Lease

  • Rent$6,543 (estimated NNN = $380)
  • Expiration11/31/2024
  • Yearly IncreaseContact For Info
  • Option1 - 7year
  • Deposit$4,867

Financials

  • Monthly Revenue Contact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of Note option
  • 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