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Business For Sale

Established Restaurant & Bar Doing $1.2+ Million

Berkeley, CA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$395,000
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
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0
885411533

Business Overview:

Established Restaurant & Bar Doing $1.2+ Million Sales Operating 4-5 Hours Day New Price Reduction RRC#: 1649 Asking Price: $395,000 Location: Alameda County, Berkeley, California Yearly Revenue: $1,200,000 Yearly Cash Flow: Contact For Info Monthly Rent: $3,570 LISTING DESCRIPTION: This well known restaurant has been one of the top ranked restaurants in the east bay for many years and has a strong customer base. This restaurant is a perfect opportunity for an chef owner operator. There is a main dining room, a secondary dining room, a separate bar area, and a private room which seats 12 or can be used for over flow seating from the dining rooms. The dining areas have an intimate feeling and are comfortably appointed with a combination of booth seating, banquette seating and table and chairs. There is a fireplace, hanging light fixtures and a large outdoor area which is used for prep and storage. Some of the equipment includes as follows: 14' type 1 hood with fire suppression system, ice machine, walkin refrigerator, 2 full door refrigerator, 16 employee lockers, double basket fryer, 4 burners over oven, 3' char grill, cheese melter, 2'6" x 3' char grill over oven 8 burners over oven, 3 door under counter refrigerator + sandwich station, dish machine, 2 hand sinks, 2 group espresso machine, 3 coffee grinders, POS system, 3 glass door under counter refrigerator + 2 taps, ice bin, 1 door under counter refrigerator, 2 door under counter refrigerator + sandwich station, 2 convection ovens, 1 door under counter refrigerator, 2 compartment sink, dishwasher sink + rinse hose, food mixer, slicer, 2 smokers and bread warmer drawer, etc. There is also a pantry area, office/storage area and 3 restrooms. GENERAL INFORMATION: Organization: Corporation | Year Established: 1988 | Current Owner: 1988 | Seating: 98 | Square Footage: 2,700 | Parking: Street | Licenses Required: Business, ABC Type 47 (hard liquor) | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,200,000 | LEASE INFORMATION: Monthly Rent: $3,570 | 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.