Businesses For Sale Network in California - San Francisco Bay Area/ Established Restaurant & Bar with $2 Million Sales & $351,000 Profit PRICE REDUCTION
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Listing View: Established Restaurant & Bar with $2 Million Sales & $351,000 Profit PRICE REDUCTION - Alameda, California


Established Restaurant & Bar With $2 Million Sales & $351,000 Profit Price Reduction
Alameda, California

Offered at:
$595,000

Office Listing #   CURRENTLY NOT AVAILABLE -1648
Revenue: $167,000 / month
Cash Flow: $29,300 / month
Lease Rent: $9,240 / month
Square Feet: 3,220

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 Listing Description

This well established business has been in business since 2001 and has had a strong history of sales and profits. The business has had a history of strong alcohol sales with approximately 37% of its total sales being alcohol sales. The business is located on one of the most desirable retail streets in Alameda county and the immediate area has a strong demographic base of residents. There is a large glass frontage and the interior is attractively designed with high ceilings, brick walls, a separate cocktail lounge area with a long bar, display kitchen, wood floors, unique lighting, elevated seating areas and several different cozy seating places with a combination of tables and chairs and banquette seating. There is upside for lunch and brunch business as the business is only opened from 5p on. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, ice bin, 2 utility sinks, mop sink, 4' flat grill + 4 burners, 2 ovens, 4 door undercounter refrigerator + sandwich station, 3 hand sinks, 6 burners over oven, double basket fryer, single fryer, 3' chargrill, 3 - 2 door undercounter refrigerators, 3 coffee grinders, 2 group espresso machine, POS system, ice well, walkin refrigerator, 3 compartment sink, dishwasher sink + rinse hose, ice machine, full door refrigerator, 2 coffee makers, and wine cabinet, etc. There are also restrooms, office area, and storage areas. This is run as an absentee owner run business so a hands on owner operator could have a strong impact on increasing sales and profits.

General Information
Contact Information
Organization:   LLC
Year Established:   2001
Current Owner:   2001
# of Employees:   Contact For Info
Seating:   100+
Square Foot/Size:   3,220
Parking:   Street
License(s) Required:   Business, ABC Type 47 (hard liquor)
Days Open/Hours:   7 / 5p -12:30p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $167,000 / month
Cash Flow:   $29,300 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   $9,240 / month
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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