Business For Sale

Cocktail Bar With Front and Back Patio

Not Disclosed, CA
Alameda County

Asking Price: Annual Revenue:
$329,000 $759,717

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Cocktail Bar With Front and Back Patio Broker: Steve Zimmerman

Quick Facts

Asking Price: $329,000
Annual Revenue: $759,717
Net Profit: Not Disclosed
Cash Flow: $60,220
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 446111533
Broker Reference #: 3151

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Business Overview:

This Oakland cocktail bar sits on a major thoroughfare in a beloved neighborhood. It serves classic cocktails and new American fare, and is located within a converted home. The space has a great deal of character, and there are multiple spaces within the establishment: a front patio outside with its own bar, the upstairs restaurant/bar area, which contains three rooms and a long bar area, and a back patio area with covered seating. The space features hardwood floors, natural light, and lots of character. It is also a stand-alone building with its own dedicated parking lot. It presents a unique opportunity to own a business situated in a classic architectural space. In addition to the features of the cocktail bar/restaurant, the space includes a two-bedroom, one-bath apartment above the bar, with its own separate entrance. This could either be utilized as housing for the owner/operator, or rented out to a tenant. There are 3 options left on the lease giving 20 more years with fixed increases. Currently, the location is open for dinner during the week, and for brunch and dinner on the weekends. An owner/operator interested in capitalizing on the opportunity this beautiful space presents could increase the bottom line through expanding hours of meal service and updating the menu. Full bar with dishwasher, ice machine, bar sink area, 6 beer tap system, 2 door under counter refrigerator, liquor cage, dry storage area, 1 door reach in freezer, several 2 door under counter refrigerator with prep station, 4' grill, 6 burner stove with oven, flat top grill with oven and 2 burner stove, 2 fryers, 1 door reach in refrigerator, 2 door reach in refrigerator, 16' type 1 hood, 3 compartment sink, dishwasher, prep sink, mop sink room. The restaurant has two restrooms. RRC#: 3151

General Information:
Organization: Partnership
Established: 2008
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $63,310
Monthly Cash Flow: $5,018
Annual Revenue: $759,717
Annual Cash Flow: $60,220
Payroll: Contact For Info
Monthly Revenue: $63,310
Monthly Cash Flow: $5,018

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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.

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