Strong SDE Profits, DOUBLED Sales In 3 Years!
Berkeley, CA Alameda County
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- RE: Strong SDE Profits, DOUBLED Sales In 3 Years!
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $1,242,393 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 25 | |
| BBN Listing #: | 939303 | |
| Broker Reference #: | 4692 |
Business Overview:
Strong SDE Profits, DOUBLED Sales in 3 Years! Own A Fun, One Of A Kind Cafe! SBA Financing Available RRC# 4692 Location: Berkeley Description: This niche cafe has placed themselves in their own league. Their unique entertainment, group event and retail niche generates a large portion of their total sales. The Berkeley students, family and fun-seekers alike love this cafe, and it shows given their sales in 2021 were just over $600,000 and reached $1,242,393 in 2023! A new owner operator could really continue to grow profits as the current owner structure is semi-absentee. The space requires less labor and less high level kitchen staff which keeps labor costs lower than most food establishments. Based on what has been shared with an SBA lender, this business is SBA funding eligible on a $350,000 opinion of value. Located on Berkeley's best known thoroughfare, this location is in a great family area, near campus, and next to existing and forthcoming housing and multi-unit complexes. The owner invested in a large covered parklet that greatly increases seating capacity. The owners have set up an open kitchen that pumps out food, such as pizzas and sandwiches, even without a hood. They have a Type
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Property Features and Assets:
Facilities:
Square Feet: 3,149
Seating: 100 inside, 40+ Seat Covered Parklet, 10 Sidewalk
Parking: Easy Street Parking (tenant pays $100/month for garage parking space)
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 9am-11pm weekdays and 10am-10pm weekends
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2015
Current Owner: 2015
Employees: 25
Reason For Sale: Other Interests
Monthly Rent: $11,666.78 rent, $2,724.51 NNN
Expiration: 11/2026 plus 1 MORE -5 year Option
Reason for Selling:
Other Interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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