$136,000 Down - SBA Funding Pre-Approved

Oakland, CA
Alameda County

Asking Price: Annual Revenue:
$545,000 $1,800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $136,000 Down - SBA Funding Pre-Approved Broker: Steve Zimmerman

Quick Facts

Asking Price: $545,000
Annual Revenue: $1,800,000
Net Profit: Not Disclosed
Cash Flow: $251,244
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 766911533
Broker Reference #: 3000

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Business Overview:

$136,000 Down - SBA Funding Pre-Approved for Successful Restaurant Located in Oakland.

RRC#: 3146
Asking Price: Offered At $545,000
Location: Oakland
Annual Revenue: $1,800,000
Annual Cash Flow: $251,244
Monthly Rent: $6,218 Inclusive NNN

Listing Description:
$136,000 down as the SBA funding (75%) has been pre-approved for well qualified buyers with restaurant experience and excellent financials. Annual profits exceed $251,000 with all the staff in place with good revenues and provable cash-flow, good books and records with verifiable financials located in a great corner location in the city of Oakland. This Highly successful 2,600 sq ft restaurant concept has grown from $1 million in sales revenue in 2015 to annualized sales of $1.8 million in 2018 and still growing. Monthly Rent is extremely low for the area at $6,218, only 3.5% of current revenue. Great location with huge curb appeal, this business has nothing but upside. Annual profits in 2017 were $251,244 and expected to be even greater in 2018. A show kitchen with 20ft Type 1 Hood with fire suppression system & a full line of flame cooking equipment is displayed & on-view to customers. Simple counter style service with meats and salads on display and a beer & wine bar counter. This unique restaurant has found it’s niche and is the talk of the city in this fast growing culinary city “by the Bay.” The list of equipment included with the sale is extremely large, state of the art and only 3 years old. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Contact For Info
Established: 2014
Current Owner: 2014
Employees: 23
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $150,000
Monthly Cash Flow: $20,937
Annual Revenue: $1,800,000
Annual Cash Flow: $251,244
Payroll: $43,886
Monthly Revenue: $150,000

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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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