Longstanding Eastbay Japanese Restaurant For Sale!
Not Disclosed, CA Alameda County
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- RE: Longstanding Eastbay Japanese Restaurant For Sale!
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $198,000 | |
| Annual Revenue: | $791,799 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 8 | |
| BBN Listing #: | 998611533 | |
| Broker Reference #: | 4644 |
Business Overview:
Longstanding Eastbay Japanese Restaurant For Sale! Strong Goodwill in a Busy & Safe High-Traffic Location RRC# 4644 Location: Alameda County Description: This traditional, family-run, Japanese restaurant is now for sale. The restaurant has operated for decades and is beloved and supported by the community. There is extensive Goodwill that would transfer with this sale to a new owner. The building is located in a busy Eastbay community that is growing fast, with many new modern housing projects and downtown improvements in the works now. The location is ideally located between the 185 and 238 (Foothill Blvd) in this diverse Eastbay city. The blocks are clean and safe and attract a lot of families and dining guests each evening. There is a public parking lot next door to the restaurant for the convenience of their patrons. The current owners will be the landlord for any new incoming tenant. Having a landlord that understands restaurants and the existing restaurant space is a huge bonus for any new tenant. For the right tenant, they will offer a good lease term with option(s), at a monthly rate of $8000+NNNs each month for this ~4400 sf space, that has ~3800sf inside and a potential patio
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Property Features and Assets:
Facilities:
Square Feet: Inside ~3,800sf, possible patio can be created ~700sf
Seating: 80+
Parking: Public Parking Lot next door + easy street parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: Up To Tenant
General Info:
Ownership: Corporation
Established: 1997
Current Owner: 1997
Employees: 6-8
Reason For Sale: Retirement
Monthly Rent: $8,000 + NNNs
Expiration: New Lease Available
Financial Information:
Monthly Revenue: $65,981
Monthly Cash Flow: Contact For Info
Annual Revenue: $791,799
Annual Cash Flow: Contact For Info
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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