Business Overview:
Profitable Breakfast & Lunch Spot In Hip Oakland Neighborhood!
RRC#: 3743
Asking Price: Offered At $210,000
Location: Oakland
Annual Revenue: $1,268,437
Annual Cash Flow: $105,703
Monthly Rent: $5,560
Listing Description:
Enjoy a great quality of life with evenings off. Or choose to extend this restaurants hours to include dinner service and reap the benefits of higher volume and profits.
This longstanding business has great goodwill and serves up thoughtful comfort food in the trendy Temescal neighborhood. This space has a great lease with four more years on the initial term and one five year option. Base rent is currently $5,560. There is ample interior seating, designated sidewalk seating and and negotiable back patio dining space that belongs to the neighbor. The second floor has ample storage, office space and possible private dining area if upgraded and permitted correctly.
The fully equipped and well maintained kitchen is ready for high volume. Equipment list can be provided upon request.
Take advantage the great local customer base, flexible hours of operation and proven volume this restaurant has to offer.
General Information:
Established: 2014 in this location, previously at another location
Current Owner: 2013
Employees: 24 (2019)
Reason For Sale: Retirement
Financial Information:
Monthly Revenue: $105,703
Monthly Cash Flow: $8,808
Annual Revenue: $1,268,437
Annual Cash Flow: $105,703
Monthly Payroll: $40,345
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 2,700 - 2 stories
Seating: 65, 6-8 Sidewalk, Negotiable Back Patio 24 seats
Hours: Seven Days 7am-2pm
Parking: easy street
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Relevant Links: