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Listing View: Newly Remodeled Restaurant in Montclair - Oakland, California


Newly Remodeled Restaurant In Montclair
Oakland, California

Offered at:
$159,000

Office Listing #   RECENTLY SOLD - 1574
Revenue: $45,000 / year
Cash Flow: Contact For Info
Lease Rent: $6,125 all inclusive
Square Feet: 1,800

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 Listing Description

This is newly opened restaurant in a very strong neighborhood with strong demographics and a high demand for people eating out in restaurants. There is a large glass frontage, outdoor covered eating area with outdoor heating lamps, display kitchen and attractive dining room with tables and chairs. The decor is tastefully done with tile floors, granite and high quality materials throughout. There is tremendous upside for increased sales by adding breakfast as there are limited breakfast restaurants in the area. Some of the equipment includes as follows: 9' and 6' type 1 hoods with fire suppression systems, built-in refrigerated unit, 6 compartment steam table, 3 door under counter refrigerator +sandwich station, microwave, 3' char grill, 4 burners over oven, 2 door under counter refrigerator, cash register, ice machine, dishwasher, 3 compartment sink + rinse hose, 10 employee lockers, walk in refrigerator, walk in freezer, utility sink, coffee maker, 3 compartment steam table, hand sink, double basket fryer, 6 burners over oven and 4 burners over oven. There are also 2 ADA restrooms, an office, prep kitchen and outdoor garbage area. The only reason the restaurant is for sale is that the owners have another restaurant and it is too consuming for them to operate two restaurants at one time due to family commitments.

General Information
Contact Information
Organization:   LLC
Year Established:   Contact For Info
Current Owner:   2010
# of Employees:   Contact For Info
Seating:   48 inside + 12 outside
Square Foot/Size:   1,800
Parking:   Street
License(s) Required:   Business, ABC Type 41 (Beer & Wine)
Days Open/Hours:   7 / 11a-9p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $45,000 / year
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $6,125 all inclusive
Lease Expiration:   2020
Yearly Adjustment:   CPI 3% min, 10% max
Lease Option:   5 years
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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Disclaimer
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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