Businesses For Sale Network in California - San Francisco Bay Area/ Restaurant/Bar with Outdoor Seating with Bay Views, $75,000 Profit, Absentee Owner
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Listing View: Restaurant/Bar with Outdoor Seating with Bay Views, $75,000 Profit, Absentee Owner - Berkeley, California


Restaurant/bar With Outdoor Seating With Bay Views, $75,000 Profit, Absentee Owner
Berkeley, California

Offered at:
$149,000

Office Listing #   1686
Revenue: $37,500 / month
Cash Flow: $6,250 / month
Lease Rent: $7,720 all inclusive
Square Feet: 2,500 + 2 outdoor seating areas

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 Listing Description

This long established restaurant which started in 1972 has a display kitchen, full bar with three different seating areas as well as two outdoor seating areas one of which has bay views and a display kitchen and is located in an upscale area . There is a separate bar area with bar with 6 stools and cocktail tables, a combination of banquette seats and tables and chairs in the dining room. The dining room has an open airy feeling as there are glass windows throughout the premises. There is upside for increased sales and profits as the business is run owner absentee. Some of the equipment includes as follows: 9' type 1 hood with fire suppression system, dish washing sink + rinse hose, utility sink, 4 hand sinks, 3 compartment sink, utility sink, bar blender, 3 keg beer cooler, 2 coffee grinders, 2 door back cooler, 2 group espresso machine, 47" & 32" flat screen TV's, POS system with 3 monitors and 4 printers, CD player, 2 amplifiers, food processor, 2 fryers, hot plate, juicer, 1 door sandwich refrigerator, 3 door sandwich refrigerator, 3 full door refrigerator, 2 door sandwich refrigerator, slicer, 6 burners over oven, conveyor toaster, 2 warmers, PC plus printer, standing freezer, box freezer, ice maker and walkin refrigerator, etc. There is also storage areas, a separate office area (the office is in a separate area and can be used for other business activity as well and is 200 sq ft and the rent for this space would be $800 month if rented to a third party and this is included in the rent indicated at no extra charge) and 2 restrooms. There is potential growth opportunity for catering business from the neighborhood and elsewhere. THE BUSINESS IS BEING RUN ABSENTEE SO AN OWNER OPERATOR COULD HAVE A POSITIVE IMPACT ON INCREASING SALES AND DECREASING COSTS.

General Information
Contact Information
Organization:   Corporation
Year Established:   1972
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   60+ inside, 40+ outside
Square Foot/Size:   2,500 + 2 outdoor seating areas
Parking:   Street
License(s) Required:   Business, ABC Type 47 (hard liquor)
Days Open/Hours:   7 / 8:30a-2:30p and 5p-10p
Reason For Sale:   Other interests
     
Financial Information
Revenue:   $37,500 / month
Cash Flow:   $6,250 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   $7,720 all inclusive
Lease Expiration:   7/31/2013
Yearly Adjustment:   CPI, 3% min & 7% max
Lease Option:   10 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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