$295,000 - 2,600 sq ft Highly Profitable Restaurant in Oakland

Alameda County, CA

$295,000 - 2,600 sq ft Highly Profitable Restaurant in Oakland
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Asking Price: $295,000

Cash Flow: $263,802

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$295,000 - 2,600 sq ft Highly Profitable Restaurant in Oakland

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Business Description

$295,000 - 2,600 sq ft Highly Profitable Restaurant in Oakland with $1.8 Sales - Extremely Low Rent

RRC#: 3350
Asking Price: Offered At $295,000
Location: Oakland Annual Revenue: $1,800,000
Annual Cash Flow: $263,802
Monthly Rent: $6,100 Inclusive NNN

Listing Description:
Located on an excellent corner location in the city of Oakland. This 2,600 sq ft restaurant has annual profits (EBITA) of $263,000 on $1.8 million in annual revenues. All the staff in place and the financial books and records are all verifiable. This is an extremely successful counter service (QSR) concept that has grown from $0 to $1.8 million in just 5 years. ‘To Go’ is a large part of the business and lines at the door are a regular sight. Monthly Rent is extremely low at only $6,100, unprecedented in this sought after area. Great location with huge curb appeal, this business has nothing but upside. Boasting a show kitchen with a 20ft Type 1 Hood & fire suppression system with a fully loaded cooking line of kitchen equipment including 2 Bev air refrigeration, 2 Hussman meat cases, 6 burner stove with ovens, broiler, flattop, salamander, ample stainless steel refrigerated worktops plus much much more. All the equipment is only 5 years old so is extremely low maintenance. ABC Type 41 beer & wine license is included with the sale. The concept is counter style service with meats, salads, sandwiches plus an array of exciting modern flare cooking all on display. Behind the scenes is a walk-in cooler, ample basement storage with office. The list of equipment included with the sale is extensive and this restaurant has found it’s niche being the ‘Talk of the Town’ in this fast growing culinary city “by the Bay.” To find out more please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & extensive 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: LLC
Established: 2014
Current Owner: 2014
Employees: 23
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $150,000
Monthly Cash Flow: $22,000
Annual Revenue: $1,800,000
Annual Cash Flow: $263,802
Payroll: $44,500
Monthly Revenue: $150,000
Monthly Cash Flow: $22,000

Detailed Information

Location:
Alameda County, CA
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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