Award Winning Alameda County Bike Shop - Absentee Owner - $540,000 Inventory Included
This very popular bike shop is considered an iconic institution in its city, with the shop’s well-earned reputation known far beyond. It has been profitably dominating its market since 1969 in one of the most bike friendly cities in the Bay Area. This is an outstanding opportunity, especially for someone who is passionate about the many benefits of cycling and who wants to own a business that promotes those benefits. The asking price is low considering that this is a very well-established, turnkey, profitable business, which includes about $540,000 worth of up-to-date, quality branded inventory. Plus, about $75,000 worth of furniture, fixtures and equipment is also included. Net cash flow to the absentee owner was about $40,000 last year. However, a new owner/operator should expect net earnings of about $140,000 or more. The current absentee owner reluctantly must sell for personal reasons. The inventory includes several brands of bikes, parts and accessories. The shop carries all the popular types of bikes including mountain, gravel, touring, road, commuter, kids and electric bikes. This shop is Northern California's largest Surly dealer, but also proudly represents other popular bike brands including Specialized, Giant, All-City, Salsa, Tern, Brompton and more. Besides selling quality products, the shop is also well-known for its very competent and reliable service department. The well-trained, certified and experienced technicians take pride in their work and have all the tools they need for expert customization, maintenance and repairs. The tools and equipment are included in the sale.The loyal team of employees, from sales to service, are passionate about promoting cycling. They each have their specialties but most are cross trained to effectively function in other roles as needed. And they share the owner’s commitment, not just to the cycling community, but to community service in general. Every aspect of this well-organized business, including sales and marketing, accounting/bookkeeping and mechanical services are systemized with the help of good technology and a written operating procedures manual.The shop is strategically located on the busiest retail street of a small but rapidly growing city with many miles of flat and very scenic, designated bike routes. This city is a wonderful place to work and/or live. Among its many pluses are its charming small-town feel, its ideal micro-climate, low crime rate, good schools, well maintained classic and varied architecture, clean tree-lined streets, beautiful parks, beaches, marinas, it’s convenient ferry access, and its great central Bay Area location. And it is booming with carefully planned, smart new developments including hundreds of new homes recently constructed and many more in the building pipeline. These residential developments, plus the newly constructed, major, well-anchored shopping center are drawing more and more people and businesses from all over the greater Bay Area. It has become a very desirable destination city. This premier bike shop in the bustling downtown area is a great business opportunity to take advantage of this city’s so many wonderful attributes. And the growing population of the city bodes well for significant growth of this bike shop’s business.Don’t miss this opportunity as it may not remain available for long. Interested parties will be required to complete a Non-Disclosure Agreement and a Buyer’s Profile form prior to receiving any additional information.
Highly Profitable Modern Designer Bakery
The establishment presented for sale is an artisanal French-themed donut and pastry bakery that has rapidly gained traction and prominence within its market. Its success can be attributed to the sellers’ adeptness in curating a diverse assortment of specialties and flavor profiles, meticulously synchronized with the changing seasons and diverse holidays.A hallmark of this bakery’s excellence lies in the professionalism and proficiency of its well-trained staff, seamlessly navigating the demands of a fast-paced schedule while maintaining impeccable quality in their craft. The high-end pastries crafted here have garnered significant acclaim, particularly within the Bay Area, becoming recognized for their distinctiveness and sophistication.Operational efficiency is another key aspect that sets this establishment apart. Production diligently operates five days a week, while the bakery is open for business on four days a week. Despite the limited operating days, the establishment has demonstrated exceptional financial performance, generating gross sales surpassing one million dollars and achieving an adjusted net income exceeding $400k.Within the local pastry community, this bakery stands as a paragon of excellence, coveted for its superlative product quality, impeccable presentation, and the astute management of its operating hours. Its success serves as an inspiration to others, showcasing how astute business practices, combined with unwavering commitment to craftsmanship, can lead to remarkable achievements in the culinary industry.
Charming & Upgraded Alameda Restaurant
Charming & Upgraded Alameda Restaurant w/Liquor License FOR SALE! Strong Lease!RRC# 4610 Location: Alameda Description:This stunning and historically successful restaurant space oozes charm. It is located in the amazing community of Alameda, tucked in conveniently along a high traffic thoroughfare. This vibrant restaurant and retail area attracts a lot of business from locals and Bay Area residents as a whole.The restaurant has a fantastic layout. There is a cute bar-top with six seats upon entry. They have a FULL Liquor License, in addition to a great wine program. The dining room seats ~40. There is an upstairs mezzanine for added dining space, and for Private Groups and Events. The added space can seat 36 or hold ~50 for a standing event. There is an inviting vine covered terraced patio that seats ~12 more guests. The space also uses an open parking lot area to add another ~20 Guests. The existing wine-centric existing business has invested in ornate wine displays, storage and systems. The open kitchen space is a Chef's dream. The kitchen is equipped and has a Type 1 Hood, ample prep space and storage. A full equipment list can be shared upon request. A qualified incoming party can be assigned this strong lease that has a current base rent of $6757, with 2 more years on the term plus a 5 year option. Be the next great concept in this amazing, high volume space that is loved by Alameda residents! Financial Information:Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for InfoAnnual Revenue: Contact for InfoAnnual Cash Flow: $2,333,998 General Info:Ownership: LLCEstablished: 2021Current Owner: 2021 Employees: 12 Reason For Sale: Other InterestsMonthly Rent: $6,561 Expiration: 11/20/2025 plus 1 -5yr Option Facilities:Square Feet: 3,257Seating: /- 40 Dining Room, 36 Upstairs Private Mezzanine, 12 Patio/Terrace, 20 Parklet Parking: Contact for Info Licenses: Type 47 Full Liquor License, Health, Business Days/Hours of Operation: Contact for Info
Alameda's Famous 'Santoro's Italian Deli & Market'
Alameda's Famous 'Santoro's Italian Deli & Market' is FOR SALE! Only Open 3 or 4 hours a day $$$ RRC#: 4080 Asking Price: $298,000Location: 475 Santa Clara Ave, AlamedaAnnual Revenue: Contact for InfoAnnual Cash Flow: Contact for InfoMonthly Rent: $2,325 (includes water) NO NNNExpiration: Sept 2027 Listing Description:Alameda's most popular deli and market is for sale! Santoro's Italian Deli and Market is a local institution that draws lines for lunch daily. Santoro's is open six days a week, for a few hours each day. Closing time comes once they run out of the fresh bread they build their stunning sandwiches on. Their classic, consistent and quality sandwiches bring in an enormous amount of customers that include sports stars, local officials, firefighters and students galore, as this location is surrounded by no less than seven nearby schools. The longtime landlord loves Santoro's and would love to see a new owner carry on the legacy. The lease is outstanding for this popular area and for this /-1,200 Square Feet space only has a monthly rate of $2,325 which includes water. This is a Below Market Lease Rate for this area and has not NNN costs passed onto the tenant. An owner could easily pay their rent in less than 2 days of sales as Santoro's averages approximately $1,400 (plus cash sales) every 3 hours.Santoro's volume and profits have risen over 17% from 2019 to 2020, and is on target to double that percentage sales increase to nearly 34% increase from 2020 to 2021. A new owner could expand hours and quickly double volume. Alameda's demographic has drastically changed over the years, and the property values have sky rocketed bringing a whole new layer of customers to Santoro's. Santoro's also gets catering orders and holiday orders from the local community and businesses.Mr. Santoro is dedicated to making sure a buyer will carry on the Santoro's name successfully, thus is committed to detailed and extended training for a new qualified owner. Santoro's team is professional, efficient and great at what they do, thus a new owner will be set up for success!A full equipment list can be provided upon request. Santoro's Italian Market & Deli won't last long as it oozes Goodwill and customer loyalty, during the few short hours it operates daily! This opportunity is a business owner's dream.General Information:Organization: Sole ProprietorshipYear Established: 2009 Current Owner: 2008 Employees: 2-4 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 InfoPayroll: Contact for InfoFacilities: Square Feet: 1,200 Seating: Counter Service, room for 18-24 Outside Sidewalk Parking: Easy Street Days/Hours of Operation: Monday - Saturday 11am until OUT OF BREAD