Corner Location On High Traffic Berkeley Intersect

Berkeley, CA
Alameda County

Shattuck Ave, Berkeley

Asking Price: Annual Revenue:
$65,000 $198,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Corner Location On High Traffic Berkeley Intersect Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $65,000
Annual Revenue: $198,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 1
BBN Listing #: 581411533
Broker Reference #: 3643

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Business Overview:

Corner Location On High Traffic Berkeley Intersection! Great Lease. RRC#: 3643

Asking Price: Offered At $65,000
Location: Alameda County
Annual Revenue: $198,000
Annual Cash Flow: $30,000
Monthly Rent: $3,240

Listing Description:
Located on Shattuck Ave on one of the busiest thoroughfares in and out of Berkeley and Oakland. The drive by and foot traffic equals high visibility for this business. Once a convenience store, now a cute themed cafe. This space could house a variety of businesses including convenience store, market, coffee or tea house, small cafe and more. A rent of only $3,240 per month and 3% annual increase for the remaining 3.5 years on the term, with another 5 year option to extend will set the new tenant up for success.

The low overhead to run this space is a key to any newcomer’s success. Depending on the concept this space can be run by 1-2 employees. Come and see what a great corner location really looks like and how it would suit your concept best.

Equipment list upon request.

General Information:
Established: 2018
Current Owner: 2017
Employees: 1
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $16,500
Monthly Cash Flow: $2,500
Annual Revenue: $198,000
Annual Cash Flow: $30,000
Payroll: $4,500

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Property Features and Assets:

Hours: 630am-430pm 7 days; Square Feet: 1,019; Seating: 50.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • 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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