Business For Sale

Amazing Lease - Located on a Very Busy Street

Albany, CA
Alameda County

Asking Price: Annual Revenue:
$79,000 $300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Amazing Lease - Located on a Very Busy Street Broker: Steve Zimmerman

Quick Facts

Asking Price: $79,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 384811533
Broker Reference #: 3185

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Business Overview:

This restaurant has been serving local favorites to the City of Albany for 22+ years. Over the years, the current owner established a great clientele base, but more importantly, an amazing and impeccable reputation. Prospective buyer can take the current concept and build on it, or they can put in their own concept. Current owner is willing to assist new owners, if the new owners requested so. In comparison to ongoing lease rates in the area, the lease is very favorable and extremely competitive. Per owner, the landlord is great to work with, willing and reasonable. LOTS OF UPSIDE! Currently open 6 nights a week, for a total of 29 hours only. Surrounded by a good mix of both residential and commercial buildings, opening for lunch, brunch, full bar & catering, will bring tremendous new growth opportunities. Behind the restaurant, ample space to put a charming outdoor dining area. In addition, a small cottage is included as part of the lease, great potential to turn into a private dining area, storage or even use as rental income. Thank you for checking out this amazing opportunity. Please lets us know if you have any further questions. Cheers! RRC#: 3185

General Information:
Organization: Sole Proprietorship
Established: 1994
Current Owner: 1994
Employees: 5
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $25,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $300,000
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: $25,000
Monthly Cash Flow: Contact For Info

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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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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