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Café Berkeley Downtown Asset Sale
$129,000
Café Berkeley Downtown Asset Sale

Berkeley, CA

Café located on busy street with heavy foot traffic in downtown Berkeley near high rise office, residential and other great restaurants and shops. Street front location with full kitchen and large prep area for catering. It has 23 seats inside and 24 on a covered patio + seating in the front. 16 food hood and walk in refrigerator and walk in freezer. Convert to any concept. Size: approximately 1,650 SF Rent: $5,175 monthly. Term: February 28, 2019 + (1) five year option.

Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales
$450,000Cash Flow: $177,492
Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales

Alameda, CA

Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales $177,000 Profit RRC#: 2769 Asking Price: $450,000 Location: Alameda County, Alameda County, California Yearly Revenue: $1,241,028 Yearly Cash Flow: $177,492 Monthly Rent: 8,500 + $988 NNN LISTING DESCRIPTION: This free-standing diner is located on very busy intersection in an East Bay Shopping Center. Fully equipped with a walk in cooler and freezer and a cooking line with a 24 foot hood. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven’t done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator. NO BROKER COOP. GENERAL INFORMATION: Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Employees: Owners: FT: 2, PT: 0 Employees: FT: 5, PT: 16 | Square Footage: 3,953 | Parking: Ample | Licenses Required: Health permit, Food Handler's, ABC type 41, BOE | Days Open/Hours: Daily 7:00 to 9:00 | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,241,028 | Yearly Cash Flow: $177,492 | LEASE INFORMATION: Monthly Rent: 8,500 + $988 NNN | Lease Expiration: 8/31/20 | Lease Option: (1) 5yr |


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