* Included in Asking Price
$90k Savings With Under-market Rent And Assignment Of 5yr Lease On This Turn-key Downtown Location
Asking Price: $249,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $686,484
Yearly Cash Flow: $78,000
Monthly Rent: $3,442
Location is what helps this restaurant thrive. Under-market rent for a Beautifully designed, mostly-vegetarian restaurant in rapidly developing part of the East Bay, complete with contemporary branding and a strong customer base. The modern decor, featuring natural light and a vibrant color palette, accents the fresh, innovative product indicative of the East Bay culture, and on-par with national industry trends. Multiple sales channels include restaurant, robust catering division, and farmers market pop-up. This 4.5 star rated business is perfect for a team with skills that include both front and back of house talents. Currently operating on a 5 day a week lunch schedule with a booming location that could offer evening fare and adult beverages for increased sales, with proven interest from developers in more locations, if the buyer is interested in expansion. Industrious, energetic and adventurous are just a few of the words used to describe the goals of this new proprietor. This completely turn-key restaurant includes a delivery van and all the additional equipment needed but is not limited to, 8x7’ Walk in refrigerator, 13’ Type 1 hood with Ansul system, 2 door commercial freezer, Turbofan Convection Oven, 24” Charbroiler, 24” Countertop Hotplate, 2 Pitco double basket deep fryers, 1 20qt Globe mixer, 1 2door counter height reach-in refrigerator, 1 3door sandwich refrigerator, 1 350lb ice maker, S/S prep tables and all the racking and small wares to run this profitable business. Fill out the NDA above to receive more information on this fresh concept.
Organization: Corporation | Year Established: 2009 | Current Owner: 2009 | Employees: 3FT/7PT | Seating: 26 | Square Footage: 1800 | Parking: Street | Licenses Required: Health, Business | Days Open/Hours: M-F 11-3 | Reason For Sale: Other Interests |
Yearly Revenues: $686,484 | Yearly Cash Flow: $78,000 |
Monthly Rent: $3,442 | Lease Expiration: 4/2019 | Yearly Adjustment: 3% | Lease Option: (2) 5 year options | Security Deposit: 3545 |
Seller Reference #2942
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