This is among one of the best known restaurants in the County of Alameda and has been successful for decades. The business has been pre-qualified for an SBA loan so the buyer would only have to come up with as little as 15 to 20% of the purchase price of the business. The total price is allocated as follows: business - $1,179,000; outdoor seating area real estate - $659,000. There are two dining areas, a large outdoor seating area, 4 restrooms (2 are ADA), an office, display kitchen, prep kitchen, dishwashing area and storage areas. The dining rooms have a combination of counter seating, booth seating and tables and chairs. The outdoor seating area which is covered has outdoor heaters. The restaurant space is leased and the outdoor seating area real estate is owned by the sellers who wish to sell the real estate in addition to the business. Some of the major equipment includes as follows: 6' and 12' type 1 hoods with fire suppression systems, 2 burners, rotary toaster, 5' flat grill, 3' flat grill, 2-2 door under counter refrigerator, 2 compartment ice cream freezer, juice machine, 4 unit coffee maker, 2 warmer drawers, walk-in refrigerator, full door refrigerator, dishwashing sink + rinse hose, 3 compartment sink, 6 burners over oven, 3' flat grill over oven, ice machine, 3 door under counter refrigerator, 2 door under counter freezer, 2 hand sinks, utility sink + rinse hose, special fryer, 2 full door refrigerators, floor model mixer, 2 - 3 glass door under counter refrigerators, 2 glass door under counter refrigerator, 3 compartment sink, and 8 wine taps over 2 door under counter refrigerator, Toast POS system, etc. A prospective buyer needs to have a strong operational and financial background.

General Info

  • OrganizationInc
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating154 seats inside + 40+ outside
  • Square Feet3,000+ and Outdoor Seating Area (3,000)
  • ParkingStreet
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 / 6a to 8:30p/9p

Lease

  • Rent$9,200
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$301,706
  • Monthly Cash Flow$33,623
  • Annual Revenue$3,620,482
  • Annual Cash Flow$403,483
  • 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.

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