Established Berkeley Profitable Bar + 6BD, 2BA

Not Disclosed, CA
Alameda County

Asking Price: Annual Revenue:
$1,100,000 $374,702

Food & Beverage: Bars, Clubs, Nightspots

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RE: Established Berkeley Profitable Bar + 6BD, 2BA Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $374,702
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 510311533
Broker Reference #: 3675

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Business Overview:

This is a unique opportunity of purchasing a long established bar plus a 6 room, 2 bath residential unit including the real estate. The upstairs residential unit will be delivered empty at the close of escrow so the buyer can charge current market rent which is approximately $48,000 per year. The rooms are being rented individually but it is possible to have one tenant for the entire upstairs space. The downstairs market rent should be approximately $60,000 a year so total revenue for the building should be approximately $108,000 per year. The bar has a unique entertainment format and includes a long bar with 18 bar stools and tables and chairs, There is a separate room that seats 6 and some of the equipment includes as follows: 3 compartment sink, hand sink, 3 door under counter refrigerator, ice bin, 4 door under counter refrigerator, POS system, 6 employee lockers, microwave, ice machine, mop sink and full door refrigerator/freezer, There are also 2 restrooms, liquor storeroom, office and enclosed patio. The residential unit has 6 rooms, 2 full baths, kitchen and laundry room. The business is currently closed due to the pandemic.

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

Financial Information:
Monthly Revenue: $31,200
Monthly Cash Flow: $6,667
Annual Revenue: $374,702
Annual Cash Flow: $80,000
Payroll: Contact For Info

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Reason for Selling:

Other Interests

Additional Details:

  • The property is owned.
  • 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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