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California's Largest Restaurant Brokerage - Specializing in Sales, Acquisitions & Leasing of Restaurants, Bars, Clubs & Related Commercial Buildings

Restaurant Realty Company is pleased to report the sale of T-Rex in Berkeley, California. The restaurant for sale was marketed by Restaurant Realty Company and the transaction was completed in December. The terms of the transaction are confidential.

This handsomely designed restaurant and bar was built at a cost in excess of $1.5 million has tremendous upside and is currently operated by an absentee owner. It formerly did $3 million plus sales and has the potential to do in excess of $3 million sales. The restaurant has a separate bar and lounge area, several lounge areas, a display kitchen, comfortable separate dining rooms throughout and two outdoor seating areas. Although most of the equipment is owned by the landlord the tenant has the right to use it for no charge and if desired the equipment can be purchased from the landlord for a nominal amount. There are 2 ADA restrooms and the building is totally ADA accessible. There are several storage areas, an employee restroom and changing area, office area, prep kitchen, dish washing area and utility room. Some of the equipment includes as follows: 15′ type 1 hood with fire suppression system, 10 burners + 2’6″ flat grill over 2 ovens, salamander, 3 double basket fryers, 5′ special cooking unit, 2 large special cooking units, 3 ice bins, 4 hand sink, 2 -3 full door refrigerators, ice bin, 5 -2 door under counter refrigerators (1 with 17 drafts, 1 with sandwich station), 2 -3 door under counter refrigerators (1 with sandwich station), 2 compartment ice cream freezer, 2 food warmers, 6 flat screen TV’s, POS system, alarm system, utility sink, slicer, full door holding oven, 2 – 1 door under counter refrigerators, ice machine, walk-in refrigerator, 3 compartment sink, dish washing sink + rinse hose, 30+ employee lockers and full door freezer, etc

If you are interested in buying or selling a restaurant in Berkeley or leasing a restaurant space in Berkeley or anywhere else in California, please contact Restaurant Realty Company. Restaurant Realty specializes exclusively in the sales, acquisitions and leasing of restaurants, bars and nightclubs. Our listings include restaurant real estate, restaurant related businesses for sale, restaurant franchises for sale, and restaurant space for lease. If you are ready to sell a restaurant, bar or nightclub in Berkeley or anywhere in California, please contact us to start packaging your listing for a successful sale like the former owners of T-Rex.

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About The Author
Steven Zimmerman, CBI, M&AMI, CBB, FIBBA

Steve is the Founder, Principal Broker and Chief Executive Officer of Restaurant Realty Company. Steve has personally sold/leased over 1000 restaurant, bar or club businesses, sold many commercial buildings and completed over 3,000 restaurant valuations since 1996. His real estate experience also includes sales, acquisitions, management and ownership of numerous properties throughout California including restaurants, hotels, apartment buildings, single family houses, an office building and a multi-use retail building. Steve is also the author of Restaurant Dealmaker – An Insider’s Trade Secrets for Buying a Restaurant, Bar or Club available on Amazon. Prior to starting Restaurant Realty Company Steve had over 20 years of restaurant experience and was President and Chief Executive officer of Zim’s Restaurants, which was one of the largest privately owned restaurant chains in the San Francisco Bay Area. READ FULL BIO | HIRE EXPERT WITNESS - LEARN MORE