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2 East Bay Cafes
Location: United States -> California -> Northern California - Bay Area -> Alameda
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

2 East Bay Cafes Within 5 minutes of Each Other; $1.2 Million Sales; Low Rents

RRC#: 2286
Offered at: $395,000
Location: Alameda County, California
Revenue: $1,200,000
Cash Flow: $124,992
Rent: $2,250 / month

Cafe #1 -This quaint neighborhood cafe and pub is well known throughout the bay area and is well known for its good food, a great selection of beers and ongoing sports activities. There is a large glass frontage and the interior has a warm welcome homey like feeling with high ceilings, concrete floors, hanging light fixtures with a combination of bar seats and a separate bar area, banquette seating and tables and chairs. Some of the equipment includes as follows: 15+ taps, 7' type 2 hood, soup warmer, microwave, 2 -3 compartment sinks, 3 door under counter refrigerator + sandwich station, 2 pannini presses, small pizza oven, turbo fan oven, 2 electric burners, mop sink, 2 hand sinks, 2 door glass under counter refrigerator, coffee warmer, 1 group espresso machine, 2 coffee grinders, 2 slicers, 2 door under counter refrigerator, 5 flat screen TV'S and walk-in refrigerator, etc. There is also 2 restrooms (1 of which is ADA), storage areas and an office. The below market rent is fixed at $2,250 per month until 6/30/2017, then the rent is $2350 per month until 12/31/2019 plus two 5 year options..

Cafe #2 - This neighborhood pub is in a strong location with good exposure and easy access with both inside and outdoor seating. There is also a two bedroom apartment included however if the buyer does not want the two bedroom unit this can be rented by the landlord to another tenant.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,200,000
Cash Flow:   $124,992
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700249099
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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