Seller's Contact Information
- RE: Stunning Newly Designed Restaurant & Bar Space
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $290,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 666711533 | |
| Broker Reference #: | 4419 |
Business Overview:
Stunning Newly Designed Restaurant & Bar Space for Sale! Liquor License Included
RRC# 4419
Location: 2301 Broadway, Oakland
Description:
This new corner restaurant and bar space is located at 2301 Broadway in Downtown Oakland, and screams 'Location, Location, Location'! This busy, clean and revitalized area is home to some of the Bay Area's best concepts including Viridian, Mixt, Shawarmaji and more. The area also includes top trendy hotels like Moxy and Kissel Uptown. Other attractions like the Hive complex includes mixed use attractions including trendy retail, Drakes Brewery and live-work spaces for the many local tech and office workers. Other nearby theaters and music venues such as The Fox and Paramount Theater attract crowds and pre&post show diners and drinkers.
The 3,782 square feet space has over $1,500,000 invested in its new design, buildout and top tier equipment by the past and current owner. They spared no expense on the design, layout and equipment. The long lease can be assigned and expires in 2036, with two 5year options thereafter.
Most of the equipment is new! There are two type 1 hoods, one ~ 12' FOH facing/exhibition line, a second rear Type-1 hood approximately 20' sectioned into three unequal sections, Walk-in Refridgeration. Tall 2-Door True Freezer,H2O filtration system throughout, 10' kitchen display windows, True & Perlick Refrideration, Hoshizaki Ice Maker, Blodgett Ovens, Southend Range w/Convection Oven, a rare Henny Penny 4well Fryer, Wolf Range and so much more. A full equipment list can be provided upon request.
The space boasts new lighting throughout to accentuate the high ceilings, custom wood art, bold murals in the double ADA compliant restroom area and many other standout design elements too.
A wonderfully designed three-sided bar top and lounge area was created to utilize the Type 47 Full liquor license. The bar has space for roughly 16 bar seats and another 25 seats at communal tables and window seating. There is also an outdoor patio space for roughly 20 guests with iron fencing. The dining room seats up to 100 guests.
Be the best on the block in the stunning, high-end space!
Financial Information:
Monthly Revenue: N/A
Monthly Cash Flow: N/A
Annual Revenue: N/A
Annual Cash Flow: N/A
Annual Payroll: N/A
General Info:
Organization: Corporation
Established: 2021
Current Owner: 2021
Employees: N/A
Reason For Sale: Other Interests
Monthly Rent: $14,174.83 plus NNNs (22.65% of total, ~$2826)
Expiration: 2036 plus 2 Five Year Options
Facilities:
Square Feet: 3,782
Seating: ~100 dining room, 40 bar/lounge, 20 patio
Parking: Easy Street Parking. Tenant has two parking spaces
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Contact for Info
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 3,782 Seating: ~100 dining room, 40 bar/lounge, 20 patio Parking: Easy Street Parking. Tenant has two parking spaces
Reason for Selling:
Other Interests.
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:
Relevant Links:
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