Profitable Breakfast & Lunch Spot In Hip Oakland

Oakland, CA
Alameda County

Bay Area


Asking Price: Annual Revenue:
$210,000 $1,268,437

Food & Beverage: Coffee, Cafe, Dessert


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RE: Profitable Breakfast & Lunch Spot In Hip Oakland Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $210,000
Annual Revenue: $1,268,437
Net Profit: Not Disclosed
Cash Flow: $105,703
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 24
BBN Listing #: 248211533
Broker Reference #: 3743

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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

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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.

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