This niche cafe has placed themselves in their own league. Their unique entertainment, group event and retail niche generates a large portion of their total sales. The Berkeley students, family and fun-seekers alike love this cafe, and it shows given their sales in 2021 were just over $600,000 and reached $1,242,393 in 2023!  A new owner operator could really continue to grow profits as the current owner structure is semi-absentee.  The space requires less labor and less high level kitchen staff which keeps labor costs lower than most food establishments.  Based on what has been shared with an SBA lender, this business is SBA funding eligible on a $350,000 opinion of value.   Located on Berkeley's best known thoroughfare, this location is in a great family area,  near campus, and next to existing and forthcoming housing and multi-unit complexes.  The owner invested in a large covered parklet that greatly increases seating capacity.   The owners have set up an open kitchen that pumps out food, such as pizzas and sandwiches, even without a hood. They have a Type 41 Beer & Wine license in place for those adult patrons to enjoy.    Come be a part of the fun with this profitable cafe!

General Info

  • OrganizationLLC
  • Established2015
  • Current Owner2015
  • Employees25
  • Reason For SaleOther Interests

Facilities

  • Seating100 inside, 40+ Seat Covered Parklet, 10 Sidewalk
  • Square Feet3,149
  • ParkingEasy Street Parking (tenant pays $100/month for garage parking space)
  • LicensesType 41 ABC Beer & Wine, Health, Business
  • Open Hours9am-11pm weekdays and 10am-10pm weekends

Lease

  • Rent$11,666.78 rent, $2,724.51 NNN
  • Expiration11/2026
  • Yearly Increase3%
  • Option1 MORE -5yr Option
  • Deposit$15,000

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,242,393
  • 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