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"Rockridge" Turn-Key Restaurant on College Ave for sale, Cheap Rent!

Oakland, CA (Alameda County)

Seller Financing Available
speciality burger, fries and a pint!
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Asking Price: $149,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3.50 /Month

Established: 2017

"Rockridge" Turn-Key Restaurant on College Ave for sale, Cheap Rent!

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Business Description

Rockridge is a neighborhood district located near Oakland in Alameda County, California. At the foot of the Oakland Hills, Rockridge is a lovely burby-like haven where Cal Berkeley grads come to live when they exit their 20s and start yearning for historic cottages, nice gardens, and a 99 walk score. Twitterites and techies who have newly flown the coop are lucky to nab a place to live in this desirable hub

Current restaurant owners are offering for sale a fully built-out restaurant in a Prime location on, College ave. proximity to anchor shops and may other restaurants and retail shopping. Due to partnership's retiring plans this restaurant is now available. This is a fantastic opportunity for new owners to takeover a popular ethnic restaurant business as owner operators or as a satellite restaurant location targeting the full potential of corporate catering clients in the East Bay neighborhood area.

It is a Fully-Built commercially equipped full kitchen great for existing restaurant owners looking to expand and if you are a seasoned restaurant operators, possibly to give it a new concept such as any of the following concepts below, or a catering company looking for a prime location with a commissary facility and a prominent retail presence on the Eastbay in Alameda County. The restaurant is about 1,000+/- sf in size +500sf additional patio seating that can easily accommodate other patrons outside.

Prospective Buyers, please bring your restaurant concept in full confidence and provide track records for industry know-how and strong financials. Landlord will reasonably have to review and approve Buyer and for any other possible concepts such as;

1) Ethnic cuisine, specialty restaurant
2) Burger Restaurant, BBQ joint,
4) Mediterranean Cuisine, fast food take-out
3) Bakery Cafe with full kitchen baking facility ,wholesale and retail, pastries or Dessert Shop
4) American Sports Bar and or Bar & Grill
5) Fast Food Chinese take out or sit down restaurant
6) Chinese, southeast Asian restaurant
8) Gastro-Pub or wine bar, Tapas
9) Bring your interesting start-up concept or established working concept.

Restaurant Details & Fully Equipped kitchen;

*1,000sf +/-, Patio seating
*Cooler, & Freezer
*Storage, Pantry area and office space
*All FF&E, (Furniture, Fixture and Equipment) are inclusive of sale
*Seller will provide training if need be
*Trade name and business goodwill may also be inclusive of sale
*Type 1- commercial vented hood 12ft+/-
*Street Facing location maximum frontage, adjacent to anchor popular restaurants and bars
*Below Market Rent $3.50/SF +NNN
*Type 41- Beer and Wine alcohol license
*Lease is through the year 2022, landlord may provide an extension or a new lease if Buyer is solid operationally and financially.
*$149,000. obo

Detailed Information

Location:
Oakland, CA
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
3
Facilities:
Fully Turn-key restaurant facility with plentiful indoor and outdoor patio seating. kitchen is equipped with burner, wok, fryers and fridges and freezer. w/ additional prep kitchen facility and storage.
Competition:
a very desirable and densely populated neighborhood with foot and car traffic, merchants, residents and transients guest come and visit Rockridge from all over the SF bayarea. close to Bart Station, School and Church and Library.
Growth & Expansion:
additional income revenue stream from online social media such as Grub hub, Uber eats and Eat24. targeting local merchants and corporate accounts.
Financing:
Buyer must be strong financially and good credit
Support & Training:
Seller will train if need be.
Reason for Selling:
moving of out area, downsizing business interests.
Business Website:
http://www.visitoakland.com/things-to-do/neighborhoods/rockridge/
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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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