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Asking Price$199,900
Revenue$438,764 Established2016
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
RRC#:  3930
Asking Price: $199,900
Location:  Alameda County

Annual Revenue:  $438,764
Annual Cash Flow:   Contact for Information  
Monthly Rent:  $8,312

Listing Description:

Bar with large beer garden space in Oakland for sale. Overall, this business provides an outstanding opportunity for the right person to create a vibrant bar/restaurant/event space that could become a popular destination. The space includes a kitchen which can be used for a restaurant concept; the current owner is sub-leasing the kitchen space to a pop-up concept. A new owner/operator could continue utilizing the kitchen in this manner, or implement their own food concept.
The outdoor beer garden area is 4000 sq ft, and can be used to host events and parties. The total bar/kitchen area is 1600 sq ft, and is surrounded by an additional 7400 sq ft of indoor space. This space can be used to accommodate customers/event guests and to showcase art, OR it can be subleased back to the current owner. The current rent is quite low for the amount of space and the opportunity this location presents. The current landlord will provide a new long-term lease to the right tenant. This location is near major thoroughfares in downtown Oakland, and close to other businesses and many residential. A full equipment list is available upon request.

General Information:
Established:    2016
Current Owner:    Contact for Information
Employees:     Contact for Information  
Reason For Sale:     Other Interests

Financial Information:
Monthly Revenue:   $36,563
Monthly Cash Flow:    Contact for Information  
Annual Revenue: $ 438,764

Square Feet:      9,000  Indoor and 4,000 Outdoor
Seating:   200+ Inside and Outside
Parking: Street Parking
Facilities:Square Feet: 9,000 Indoor and 4,000 Outdoor Seating: 200+ Inside and Outside Hours: Wed - Saturday 5pm-10pm
Sale Reason:Other Interests
Ad #126914
Seller Reference #3930
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
(415) 945-9701
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