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Very Profitable A+ Uptown Oakland Location
Location: United States -> California -> Northern California - Bay Area -> Oakland
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Very Profitable! A+ Uptown Oakland Location SBA Loan APPROVED w/ Nearly 2Million

RRC#: 3795
Asking Price: Offered At $325,000
Location: Oakland
Annual Revenue: $1,823,870
Annual Cash Flow: Contact For Info
Monthly Rent: $8,564

Listing Description:
This wildly popular, community oriented business open in 2009 in trendy Uptown Oakland. To keep up with the high volume, the space was expanded to double its size in 2017. With total sales approaching $2 MILLION in 2019, $60,000 in profits in just Jan/Feb 2020 alone prior to Covid-19, and a quick bounce back to strong profits in June/July 2020 this space is ready to provide Big Volume and Big Profits for a similar concept or experienced brand. Neighboring companies include Square, Pandora, CalTran and the BART Headquarters. This business's model has earned them a Pre Qualification for SBA loan funding for a qualified buyer, as to run a similar business model in this space (the DBA/Brand is not part of this sale).

The space has an existing Parklet outside with approximately 20 seats and extra sidewalk tables. The two level interior is wonderfully designed with rustic and comfortable detailing, as well amazing natural lighting. The upstairs mezzanine is a great space for groups or small events.
The spacious and multi functional kitchen is currently used to create the breakfast and lunch items for the dine in and takeout customers, catering for local businesses and other small business food programs. This space could lend itself to a commissary kitchen use also or a Pop Up concept in the the evening hours after a coffee house/cafe ends service.
Sellers are seeking a like minded emerging, existing or experienced brand for this amazing location. They will rollout Red Carpet Training for a qualified new concept/owner within this space.
Reap the benefits of this amazing location with proven success!

There is Type 41 Beer & Wine license and the owned equipment includes, but is not limite


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,823,870
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Other Interests




Print Listing Id: 700352488
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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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