Businesses For Sale Network in California - San Francisco Bay Area/ Newly Remodeled Restaurant on Shattuck Avenue near UC Berkeley $30,000 RENT CREDIT
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Listing View: Newly Remodeled Restaurant on Shattuck Avenue near UC Berkeley $30,000 RENT CREDIT - Berkeley, California


Newly Remodeled Restaurant On Shattuck Avenue Near Uc Berkeley $30,000 Rent Credit
Berkeley, California

Offered at:
$99,000

Office Listing #   1640
Revenue: $28,000 / month
Cash Flow: Contact For Info
Lease Rent: $6,800 all inclusive
Square Feet: 1,800

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 Listing Description

A beautifully designed restaurant in a prime Shattuck Avenue location blocks from UC Berkeley which was recently remodeled at a cost of over $400,000. The restaurant has a very upbeat decor with high ceilings and tile floors and could be converted into a number of different concepts. There is a display kitchen, main dining room, salad bar area and outdoor seating area. Some of the equipment includes as follows: 16' type 1 hood with fire suppresion system, rice cooker and warmer, stock pot burner, 4 burners over oven, 2 double basket fryers, full door refrigerator, 2-2- door under counter refrigerators, (1 with sandwich station), microwave, food warmer, 3 door under counter refrigerator, 2 hand sinks, 3 full door freezer, 2 compartment sink, 3 compartment sink, 2 full door freezer, walk-in refrigerator, mop sink, full door freezer, 2 DVD TV's, POS system with 2 monitors + 3 printers, 3 door under counter refrigerator + sandwich station, ice machine, 3 compartment steam table, 6' infrared flat grill and 1 door under counter refrigerator, etc. There is also a large storage area, office area and 2 ADA restrooms. The current owner is absentee and a hands on owner operator coupled with a new menu concept could maximize this opportunity. THE NAME AND MENU ARE NOT INCLUDED. THE SELLER WILL GIVE THE BUYER A $30,000 RENT CREDIT AT THE CLOSE OF ESCROW (this means that the the total cash rquired by the buyer at the close of escrow will be reduced by $30,000).

General Information
Contact Information
Organization:   Corporation
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   50+
Square Foot/Size:   1,800
Parking:   Street
License(s) Required:   Business
Days Open/Hours:   6 / M-SA 8a-8p
Reason For Sale:   Other interests
     
Financial Information
Revenue:   $28,000 / month
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $6,800 all inclusive
Lease Expiration:   2017
Yearly Adjustment:   CPI
Lease Option:   3 Five Year Options
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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