Strong $$$ Profits & Sales In 2020 / A+ Location

Not Disclosed, CA
Alameda County

Asking Price: Annual Revenue:
Not Disclosed $1,591,571

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Strong $$$ Profits & Sales In 2020 / A+ Location Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,591,571
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 280611533
Broker Reference #: 3907

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Business Overview:

Strong $$$ Profits & Sales In 2020 / A+ Location On A Popular Restaurant Ave!

RRC#: 3907
Asking Price: Price Negotiable
Location: Alameda County
Annual Revenue: $1,591,571
Annual Cash Flow: Contact For Info
Monthly Rent: $6,675 in 2020 & $7,667 in 2019 +NNN
Listing Description:
This full service, upscale restaurant did nearly $1.6Million in sales in 2019 with strong SDE profits, while only operating 6 dinner shifts a week. In 2020, they were able to maintain nearly $1Million in sales with an SDE profits over $100,000 after adjustments to their operations and hours. A savvy Chef owner could utilize the many revenue streams that have made this business successful as well as extend hours to include lunch or brunch. A new owner will profit from this amazing high-traffic location, that is one of the most coveted, food focused streets and in Oakland.

This truly Turnkey space was designed with such attention to detail through a Chef’s eyes. The rustic and homey space is versatile for many uses . The open kitchen boasts one of a kind custom fixtures and details including, patina copper fixtures and hood, and over 70 feet of long butcher block counters, a rare brick hearth oven for smoking, roasting and grilling, 1 10ft Type -1 Hood, 1 4ft Type-1 Hood, Montague & Imperial equipment and ample top of the line equipment throughout the kitchen and space. A true CHEF’s dream kitchen! (equipment list available upon request).

Within this outstanding restaurant space there are 49 seats within, 4 bar seats, a 12-top Private Dining room and Outdoor Alley Patio seats. This sought after, high traffic location is located on one of the most coveted foodie streets and premier neighborhoods in Oakland.

Don’t pass up this Chef focused space!

General Information:
Established: 2013
Current Owner: 2013
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $132,664
Annual Revenue: $1,591,571
Cash Flow: Contact For Info

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Property Features and Assets:

Square Feet: 1580 ground floor, same basement & storage Seating: 49 inside, 4ADA, 12 Private Room, 20 Patio/Alley Hours: 2019 dinner only, currently lunch and dinner Parking: Easy Street and Lot parking.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • 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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