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Asking Price$49,500
Revenue$198,000 Established2018
Cash Flow$30,000 Employees1 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Motivated Seller - Corner Location on High Traffic Berkeley Intersection! Great Lease. Sales Rising. RRC#: 3643

Price Reduced: Offered At $49,500
Location: Alameda County
Annual Revenue: $198,000
Annual Cash Flow: $30,000
Monthly Rent: $3,240

Listing Description:
Located on Shattuck Ave on one of the busiest thoroughfares in and out of Berkeley and Oakland. The drive by and foot traffic equals high visibility for this business. Once a convenience store, now a cute themed cafe. This space could house a variety of businesses including convenience store, market, coffee or tea house, small cafe and more. A rent of only $3240 per month and 3% annual increase for the remaining 3.5 years on the term, with another 5 year option to extend will set the new tenant up for success.

The low overhead to run this space is a key to any newcomer’s success. Depending on the concept this space can be run by 1-2 employees. Come and see what a great corner location really looks like and how it would suit your concept best.

Equipment list upon request.

General Information:
Established: 2018
Current Owner: 2017
Employees: 1
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $16,500
Monthly Cash Flow: $2,500
Annual Revenue: $198,000
Annual Cash Flow: $30,000
Payroll: $4,500
Facilities:Parking: street Square Feet: 1019 Seating: 50 Hours: 630am-430pm 7 days
Sale Reason:Other Interests
Ad #117300
Seller Reference #3643
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
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