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"Berkeley" Restaurant Turn-Key Cheap Rent Shattuck Ave.

Berkeley, CA (Alameda County)

Seller Financing Available
Sushi & ramen is a popularly mainstream.
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Asking Price: $179,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,753 /Month

Established: 2017

"Berkeley" Restaurant Turn-Key Cheap Rent Shattuck Ave.

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Business Description

***Price Drop*** to $179k
Turn-key restaurant located on Shattuck Ave, a heavy foot traffic and busy commercial block with restaurants, bars and retail corridor. This restaurant is fully equipped with all inclusive FF&E (furniture, fixtures and equipment) for a seasoned operator scaling to expand their existing restaurant operation, or ideal for a mom and pop first time business owner to start a food or beverage business.

The rent is below market rent and reasonable overhead, restaurant owner can operate one of the many existing and popular restaurant cuisine concepts as to capitalize on the nearby student demographics as well as the local business merchants and resident community.

Restaurant cuisine concepts such as;
1) Japanese sushi, omakase or traditional Izakkaya
2) ramen / noodle restaurant or Dumpling house
3) South east Asian cuisine
4) Burger joint or Philly cheese-steak sandwich
5) Wine and tapas bar
6) fried chicken & waffles restaurant
7) endless opportunities...

Restaurant Details:

*1,400sf +/-
*Seating 49 customers or more, depending layout
*All FF&E, (Furniture, Fixture and Equipment) are inclusive of sale
*Type 1 commercial hood, hot kitchen
*Seller will provide training if need be
*Lease 8.5 yrs, 3.5 years + 5 year option pending LL approval
*Rent $4,753 month
*Type 41 beer & wine license
*other monthly expenses: Property tax $312, garbage $447, pest $54

(???)If you are currently in the restaurant & catering business and looking to expand, this may be ideal retail location for you, if you are looking to take over an existing profitable restaurant and catering business and willing to learn, sellers will be willing to teach. *For further details, please inquire via email or by calling Riki~Restaurant broker @ (650)302-6795 for an appointment for tour. (*Picture in Ad is not actual business for sale, its for references only.*)
All prospective buyers are asked to complete a confidentiality agreement.

Detailed Information

Location:
Berkeley, CA
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
6/1/2027
Facilities:
fully turn key restaurant with all fixtures, kitchen equipment and fully furnished for new business owner to takeover and open for business. many eu
Competition:
there is currently a handful of restaurants serving this type of cuisine and they have a very loyal following. Trade-name and recipes are not inclusive of the sale.
Growth & Expansion:
on demand catering through 3rd party social media apps is a tremendous upside business opportunity, current owners don't have time nor computer savvy, although they do quite a bit of takeout and catering business currently.
Financing:
must have strong credit/assets
Support & Training:
yes seller will train if buyer is new to the business.
Reason for Selling:
Move out of area
Business Website:
http://en.wikipedia.org/wiki/Berkeley,_California
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(from currently available funds)
 
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Riki Tang ~ Restaurant Broker

Business Listed By:
Riki Tang ~ Restaurant Broker

Vista Investment & Realty

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