Turn Key Restaurant with Full Bar

Alameda, CA (Alameda County)

Turn Key Restaurant with Full Bar
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Asking Price: $375,000

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: $50,000

Inventory: $15,000*

Rent: $6,350.58 /Month

Established: 2007

*not included in asking price.

Turn Key Restaurant with Full Bar

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Business Description

Very Popular Restaurant/Bar For Sale

Great turn key restaurant with full bar. This business has a great location and a very strong following. Fun bar scene with lively patrons. Approximately 2,800 sf. Seats 76 with a Type 47 ABC Liquor License. $50,000 approximate value FF&E. Open 7 days per week. 16 employees, with 3 full time and 13 part time. The ice machine, coffee machine and dishwashers are leased. This successful business has been in operation since 2007. The lease runs through March 16, 2022 with a current rent of $6,350.58/month. The sellers are moving out of the area.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
3/16/2022
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great bar, with full kitchen. Seats 76
Competition:
Lots of competition in this market, but long time established business with great clientele.
Growth & Expansion:
Could be open for lunch Monday - Friday.
Financing:
Seller Moving Out of Area
Support & Training:
Available from seller
Reason for Selling:
Seller Moving Out of Area
Business Website:
http://thehobnobalameda.com
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Contact the Seller

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Richard Krinks

Business Listed By:
Richard Alan Krinks

Berkshire Hathaway

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