A Castro Valley Location! Successful Restaurant
Oakland, CA Alameda County
Downtown Castro Valley
Seller's Contact Information
- RE: A Castro Valley Location! Successful Restaurant
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $268,000 | |
| Annual Revenue: | $576,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 10 | |
| BBN Listing #: | 885211533 | |
| Broker Reference #: | 4418 |
Business Overview:
A Castro Valley Location! Successful Restaurant w/Immaculate Kitchen for Sale
RRC# 4418
Location: Downtown Castro Valley
Description:
Location is key to success. There is no better location in Downtown Castro Valley than this centrally located, popular restaurant that is now for sale. Castro Valley is a hidden gem with a small-town feel, located within the greater Bay Area. It is a safe, clean, and desirable community that has a diverse population. This restaurant’s location reaps the benefits of community events that happen seasonally right outside their front draw, and brings much added exposure and sales. The community embraces this authentic restaurant that has been serving up fresh and popular dishes since 2016. A buyer could carry on this great business or bring their own concept to the space.
The space itself is turnkey and the kitchen is immaculate! The kitchen is very spacious with plenty of workspace and storage and includes a shining 10’ Type 1 hood. The dining area is open and well lit, and has space for over 70 seats, with roughly another 20 seats outside too.
Sales and profits have grown steadily since 2016, and will likely reach roughly $600,000 in 2022. There is also a strong take-out aspect to this business. The owner pays himself $4200./month. A full equipment list can be provided upon request. This prime location will not last so please reach out now to learn more about the business and location!
Financial Information:
Monthly Revenue: $48,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $576,000
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
General Info:
Organization: LLC
Established: 2016
Current Owner: 2016
Employees: 8-10
Reason For Sale: Other Interests
Monthly Rent: $4,908 (plus NNNs, roughly $3368)
Expiration: May 1 2026, plus one more 5 year option
Facilities:
Square Feet: 2,055
Seating: 70 inside and 20 outside
Parking: Easy Street Parking
Licenses: health & business
Days/Hours of Operation: Tuesday-Sunday 11am-9pm
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: 2,055 Seating: 70 inside and 20 outside Parking: Easy Street Parking
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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