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Asking Price$295,000
Revenue$2,709,394 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Price Reduction -handsomley Designed Restaurant And Bar Doing $2.7 Million Sales

RRC#: 2361
Asking Price: $295,000
Location: On Busy Street, Berkeley, California
Yearly Revenue: $2,709,324
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
This handsomely designed restaurant and bar was built at a cost in excess of $1.5 million has tremendous upside and is currently operated by an absentee owner. It formerly did $3 million plus sales and has the potential to do in excess of $3 million sales. The restaurant has a separate bar and lounge area, several lounge areas, a display kitchen, comfortable separate dining rooms throughout and two outdoor seating areas. Although most of the equipment is owned by the landlord the tenant has the right to use it for no charge and if desired the equipment can be purchased from the landlord for a nominal amount. There are 2 ADA restrooms and the building is totally ADA accessible. There are several storage areas, an employee restroom and changing area, office area, prep kitchen, dish washing area and utility room. Some of the equipment includes as follows: 15'' type 1 hood with fire suppression system, 10 burners + 2''6" flat grill over 2 ovens, salamander, 3 double basket fryers, 5'' special cooking unit, 2 large special cooking units, 3 ice bins, 4 hand sink, 2 -3 full door refrigerators, ice bin, 5 -2 door under counter refrigerators (1 with 17 drafts, 1 with sandwich station), 2 -3 door under counter refrigerators (1 with sandwich station), 2 compartment ice cream freezer, 2 food warmers, 6 flat screen TV''s, POS system, alarm system, utility sink, slicer, full door holding oven, 2 - 1 door under counter refrigerators, ice machine, walk-in refrigerator, 3 compartment sink, dish washing sink + rinse hose, 30+ employee lockers and full door freezer, etc,

GENERAL INFORMATION:
Organization: LLC | Seating: 199 + approx 40 outside | Square Footage: 8,000 approx | Parking: Parking lot | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: Daily : Lunch and Dinner |

FINANCIAL INFORMATION:
Yearly Revenues: $2,709,324 |

LEASE INFORMATION:
Monthly Rent: | Yearly Adjustment: Fixed increases | Lease Option: 5 years |
Ad #76978
Seller Reference #2361
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Contact This Seller
Steven D. Zimmerman, CBI, CBB
Restaurant Realty Company
415-945-9701
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