Stunning Two Kitchen Design, Great Corner Location

Oakland, CA
Alameda County

Downtown Oakland


Asking Price: Annual Revenue:
$149,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Stunning Two Kitchen Design, Great Corner Location Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $149,000
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: 2019
Employees: Not Disclosed
BBN Listing #: 77911533
Broker Reference #: 4132

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Business Overview:

Stunning Two Kitchen Design, Great Corner Location in Downtown Oakland. Priced to Sell!

RRC#: 4132
Asking Price: $149,000
Location: 380 15th Street, Oakland
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: $5,700 NNN
Expiration: 2028 plus 10year option

Listing Description:
The possibilities are endless within this space on this prime corner in downtown Oakland. The high traffic and high visibility location at 15th and Franklin is ripe for success.

The owners designed and built this space from scratch, at a substantial cost, with a unique 2 spaces in 1 layout. The Garden House restaurant thrived there for 30 years. Now the current layout is One space under One lease, that can house one tenant with 2 concepts or one tenant with subtenants to offset fixed costs. The space has two fully equipped kitchens with Type1 hoods, ample shared storage and work space. The electrical, plumbing, kitchen design, interior guest space, prep areas and equipment and assets within are top notch.

A new owner could do many things within this space including: Operating two concepts within, operating one concept and subleasing the second space, running two concepts for delivery apps or choose to sublease both spaces generating a set rent revenue or a percentage rent from whatever popular concepts they sublease too.

This corner and general area houses so many thriving and popular businesses such as Aburaya, Farley's Coffee & Kitchen, Senor Siseg, Gus's Famous Fried Chicken and so much more. The diversity and vibe in this neighborhood is amazing and ready for more; and this perfect space is primed to contribute even more!

The owners also have a wildly popular concept in this neighborhood, and with only half the square footage as this space, they generate over 1/2million in lunch sales annually and over 1million in dinner volume, almost exclusively for takeout and third party delivery apps.

There are too many ways to be successful within this space. Skip on the financial and timeline burdens of building your own space and come see this location and tour this shiny space now!

Full equipment lists upon request...

General Information:
Organization: LLC
Year Established: 2019
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact For Info

Facilities:
Square Feet: 1,763
Seating: Limited indoor 12-20 in each + sidewalk seating
Parking: Metered Street Parking
Days/Hours of Operation: TBD

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Property Features and Assets:

Square Feet: 1,763 Seating: Limited indoor 12-20 in each + sidewalk seating Parking: Metered Street 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.

Relevant Links:

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