Mexican-Mediterranean restaurant with profitable catering business

Oakland, CA (Alameda County)

Seller Financing Available
Mexican-Mediterranean restaurant with profitable catering business
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Asking Price: $70,000

Cash Flow: $8,000

Gross Revenue: $12,000

EBITDA: $2,000

FF&E: $30,000

Inventory: $1,500*

Rent: $3,684 /Month

Established: 2019

*not included in asking price.

Mexican-Mediterranean restaurant with profitable catering business

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Business Description

Restaurant's details

Criollos is a Mexican-Mediterranean family business located in downtown Oakland only one block away from what will soon be the tallest building in Oakland, close to the bart station, surrounded by sport bars and located on a heavy traffic street.

Detailed Information

Location:
Oakland, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
2/1/2024
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
There is another mexican halal restaurant on the corner as well as an indian restaurnat very close. This nevertheless hasn't stopped sales from improving.
Growth & Expansion:
Good location Relativelt cheap rent Near major offices and appartment complexes Close to public transportation Close to construction sites
Support & Training:
We will provide up to three months of support and training.
Reason for Selling:
My family never expected so much work and we grew tired of the business
Business Website:
http://criollosf.com
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Business Listed By:
Juan Rodriguez

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