PRICE REDUCTION - Newly Remodeled Restaurant On Shattuck Avenue Near UC Berkeley
Location: On Shattuck Ave near UC; Berkeley, California
Offered at: $225,000
Listing Description
A beautifully designed restaurant in a prime Shattuck Avenue location blocks from UC Berkeley which was recently remodeled at a cost of over $400,000. The restaurant has a very upbeat decor with high ceilings and tile floors and could be converted into a number of different concepts. There is a display kitchen, main dining room, salad bar area and outdoor seating area. Some of the equipment includes as follows: 16' type 1 hood with fire suppression system, rice cooker and warmer, stock pot burner, 4 burners over oven, 2 double basket fryers, full door refrigerator, 2 - 2 door under counter refrigerators (1 with sandwich station), microwave, food warmer, 3 door under counter refrigerator, 2 hand sinks, 3 full door freezer, 2 compartment sink, 3 compartment sink, 2 full door freezer, walk-in refrigerator, mop sink, full door freezer, 2 DVD TV's, POS system with 2 monitors plus 3 printers, 3 door under counter refrigerator plus sandwich station, ice machine, 3 compartment steam table, 6' infra red flat grill and 1 door under counter refrigerator, etc. There is also a large storage area, office area and 2 ADA restrooms. The current owner is absentee and a hands on owner operator coupled with a new menu concept could maximize this opportunity.
General Information
Organization: LLC;
Year Established: Contact For Info;
Current Owner: Contact For Info;
# of Employees: Contact For Info;
Seating: 50 plus;
Square Foot/Size: 1,800;
Parking: Street;
License Required: Business;
Days Open/Hours: 7 / Lunch and Dinne;r
Reason For Sale: Other interests;
Financial Information
Revenue: $30,000 per month;
Cash Flow: Contact For Info;
Current Inventory: Contact For Info;
Payroll: Contact For Info;
Lease Information
Lease Rent: $5,800 all inclusive;
Lease Expiration: 2017;
Yearly Adjustment: 3%;
Lease Option: 3 Five Year options;
Security Deposit: Not Available;