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College Ave Japanese Restaurant For Sale
Location: United States -> California -> Northern California - Bay Area -> Oakland
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

RRC#: 3994
Asking Price: $167,000
Location: Oakland, California
Annual Revenue: $422,066
Annual Cash Flow: Contact for Info
Monthly Rent: Contact for Info

Listing Description:
College Avenue in the East Bay is the place to be a restaurant owner! This neighborhood boasts an affluent and diverse population, who love to dine out.
The bustling street has so many great dining, drinking and retail options that it draws customers from all over the Bay Area.
This Japanese restaurant has been in business under the current chef owner for over 13 years and the neighborhood loves and supports the quality food this restaurant creates.
The interior space has dining and sushi bar seats for 40, 8-10 on the sidewalk, and installed a parklet that seats up to 18 more guests.
Their sales on limited lunch service and short dinner service hours approached $450,000 in 2019, and maintained a commendable volume in 2020 due to takeout capabilities and the new parklet. Current base rent is a reasonable $6426 per month.

Create your legacy in the Rockridge neighborhood and jump on this amazing location opportunity right now!

Equipment list upon request...

General Information:
Organization: Inc
Year Established: 2008
Current Owner: 2008
Employees: 5+/- (family run)
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $422,066
Annual Cash Flow: Contact for Info
Payroll: Contact for Info

Square Feet: 1,261
Seating: 40 Inside, 6-10 Sidewalk, 18-20 Parklet
Parking: Easy Street
Days/Hours of Operation: Current (no lunch) Dinner 5-9


Asking Price Range:  < $250K
Gross Revenues:   $422,066
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other Interests


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College Ave Japanese Restaurant For Sale Photo 1

Print Listing Id: 700363816
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