Very Profitable! A+ Uptown Oakland Location

Oakland, CA
Alameda County

Asking Price: Annual Revenue:
$325,000 $1,823,870

Food & Beverage: Coffee, Cafe, Dessert

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RE: Very Profitable! A+ Uptown Oakland Location Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,823,870
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 672711533
Broker Reference #: 3795

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Business Overview:

Very Profitable! A+ Uptown Oakland Location SBA Loan APPROVED w/ Nearly 2Million in Sales in 2019

RRC#: 3795
Asking Price: Offered At $325,000
Location: Oakland
Annual Revenue: $1,823,870
Annual Cash Flow: Contact For Info
Monthly Rent: $8,564

Listing Description:
This wildly popular, community oriented business open in 2009 in trendy Uptown Oakland. To keep up with the high volume, the space was expanded to double its size in 2017. With total sales approaching $2 MILLION in 2019, $60,000 in profits in just Jan/Feb 2020 alone prior to Covid-19, and a quick bounce back to strong profits in June/July 2020 this space is ready to provide Big Volume and Big Profits for a similar concept or experienced brand. Neighboring companies include Square, Pandora, CalTran and the BART Headquarters. This business's model has earned them a Pre Qualification for SBA loan funding for a qualified buyer, as to run a similar business model in this space (the DBA/Brand is not part of this sale).

The space has an existing Parklet outside with approximately 20 seats and extra sidewalk tables. The two level interior is wonderfully designed with rustic and comfortable detailing, as well amazing natural lighting. The upstairs mezzanine is a great space for groups or small events.
The spacious and multi functional kitchen is currently used to create the breakfast and lunch items for the dine in and takeout customers, catering for local businesses and other small business food programs. This space could lend itself to a commissary kitchen use also or a Pop Up concept in the the evening hours after a coffee house/cafe ends service.
Sellers are seeking a like minded emerging, existing or experienced brand for this amazing location. They will rollout Red Carpet Training for a qualified new concept/owner within this space.
Reap the benefits of this amazing location with proven success!

There is Type 41 Beer & Wine license and the owned equipment includes, but is not limited to:
2 2-Group La Marzocco Espresso Machines, 1 Ventless CMA Dish Machine, 6 Beer Tap System, 1 10ft Type 1 Hood ( with room for a fryer to be installed), 1 5ft Type-2 Hood, 1 2-Door BevAire Fridge, 1 Ice Sink/Bin, 1 Grab & Go Beverage/Food Display Fridge, 2 2-Group Luxus Coffee Brewers, 1 Bunn Bean Grinder, 3 Bean Grinders, 1 Ice-O-Matic Ice Machine, 1 3-Comp Dish Sink, 1 Large Prep Sink, 1 Blodgett Oven w/4Burners, 1 Spacious Walk In Cooler, 1 Atoska 2-Door Freezer, 2 2-Door True Fridges w/Prep Top, Mult Prep Tables, 1 2-Door Bev Aire Cooler Storage, 1 3-Door TurboAir Fridge with Prep Top, 1 Turbo Chef Convection Oven, 1 Toaster, 2 Panini Grills, Various Tables & Chairs and much more......

Equipment List Upon Request

General Information:
Established: 2009
Current Owner: 2009
Employees: 30 precovid, now 12
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $152,000(2019) $85,000(July2020)
Monthly Cash Flow: $12,200(2019) $9,400(july2020)
Annual Revenue: $1,823,870
Annual Cash Flow: Contact For Info
Monthly Payroll: $53,995(2019) $33,800(july2020)

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: 2,580; Seating: 25 outdoors, 30+ downstairs, 20+upstairs; Hours: 8am-2pm daily; Parking: Easy Street.

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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