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Listing View: Remodeled Meredian Restaurant and Wine Bar Near the University - Berkeley, California


Remodeled Meredian Restaurant And Wine Bar Near The University
Berkeley, California

Offered at:
$225,000

Office Listing #   RECENTLY SOLD - 1560
Revenue: Contact For Info
Cash Flow: Contact For Info
Lease Rent: $11,800 all inclusive
Square Feet: 4,400 + outdoor seating area

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 Listing Description

Over $500,000 was spent on remodeling this space which is tastefully done with a large glass frontage, high ceilings and tile floors. The floor plan was comfortably designed with different elevations of seating with a combination of booth seating, bar height tables and chairs and comfortable lounge style tables and chairs as well as a uniquely designed U shaped wine bar. There is a full kitchen and a large storage area which could be converted to a banquet room. There is a large outdoor area which has been approved to have food and alcohol which could easily be converted to a seating area which could accommodate approximately 100 guests. This outdoor seating area backs up to the Berkeley Rep Theaters courtyard and the Berkeley Rep Theater would allow the subject business to open up an entry way to its courtyard area into the restaurants outdoor space which could be a big source of business for the restaurant as the Berkeley Rep Theater has 5 or 6 shows a week. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 6 burners over oven, salamander, full door refrigerator full door freezer, convection oven, 2 double basket fryers, 3 - 2 door undercounter refrigerators (2 with sandwich stations and 1 with 12 taps), 4' char grill, 4 refrigerator drawers, walkin refrigerator, walkin freezer, microwave, utility sink, 3 compartment sink, sink + rinse hose, ice machine, mop sink, 2 hand sinks, 3 - 3 door undercounter refrigerators (2 with 6 taps on top), ice bin, coffee grinder, 2 group espresso machine, 3 door undercounter glass refrigerator, Aloha POS system with 2 terminals, 8 flat screen TV's and a giant screen TV and 3 printers and digital picture frame on exterior for marketing special events, etc. There is also an upstairs area used for storage and office use, a mezzanine for additional storage and 4 restrooms (2 of which are ADA). The current restaurant concept is not well executed and a strong hands on owner operator could maximize sales and profits here.

General Information
Contact Information
Organization:   LLC
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   104+ potential outdoor seating of 100 approx
Square Foot/Size:   4,400 + outdoor seating area
Parking:   Street and parking lots in area
License(s) Required:   Business, ABC Type 41 (beer & wine)
Reason For Sale:   Other interests
     
Financial Information
Revenue:   Contact For Info
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $11,800 all inclusive
Lease Expiration:   5/31/18
Lease Option:   negotiable
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
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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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