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Remodelled Freestanding Restaurant & Bar
Location: United States -> California -> Northern California - All Northern California -> Berkeley
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Remodeled Freestanding Restaurant & Bar - On Major Street: $2+ Million Sales $183,900 Profit

RRC#: 2806
Asking Price: $295,000
Location: Berkeley, Alameda County, California
Yearly Revenue: $2,028,576
Yearly Cash Flow: $183,972
Monthly Rent: 27,392 all inclusive

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. 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: Corporation | Seating: 199 inside + 40 outside | Square Footage: 5,900 + outdoor seating areas | Parking: Parking lot and street parking | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 / M-TH: 11:30a -10p F 11:3a-11p SA/S 10:30a-11p/10p


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $2,028,576
Cash Flow:   $183,972
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700285044
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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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