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Business For Sale

Newly Remodeled Restaurant on Shattuck Avenue

Berkeley, CA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$99,000
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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0
38711533

Business Overview:

Newly Remodeled Restaurant On Shattuck Avenue Near Uc Berkeley RRC#: 1640 Asking Price: $99,000 Location: Shattuck Avenue, Berkeley, California Yearly Revenue: $336,000 Yearly Cash Flow: Contact For Info Monthly Rent: $6,800 all inclusive 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 suppresion 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 + 3 printers, 3 door under counter refrigerator + sandwich station, ice machine, 3 compartment steam table, 6' infrared 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. THE NAME AND MENU ARE NOT INCLUDED. GENERAL INFORMATION: Organization: Corporation | Seating: 50+ | Square Footage: 1,800 | Parking: Street | Licenses Required: Business | Days Open/Hours: 6 / M-SA 8a-8p | Reason For Sale: Other interests | FINANCIAL INFORMATION: Yearly Revenues: $336,000 | LEASE INFORMATION: Monthly Rent: $6,800 all inclusive | Lease Expiration: 2017 | Yearly Adjustment: CPI | Lease Option: 3 Five Year Options | FINANCING INFORMATION:

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: