Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Busy Restaurant In Great Location For Sale

Oakland, California - North, US
Asking Price:
$149,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Restaurant located in a bustling thoroughfare with a vibrant storefront and a mix of indoor and outdoor seating. Current owner operates serving Greek cuisine, but the facility can support any concept. The restaurant has a large Type-1 exhaust hood with an exhibition kitchen. The dining room is bright, colorful, and contemporary with tall ceilings and a mix of banquette, booth and table seating. There is a small bar area that can be used as a wine or cocktail bar depending on the type of ABC license the Buyer chooses. Premises is currently licensed with a Type-47 full liquor license which is also available for sale.

ADDITIONAL DETAILS:

- The restaurant is 1,950 square feet (approx.) with seating for 55 (approx) and outside patio with seating for 24 (approx.)

- Rent is $5,400 gross with current term ending Oct 2026. Qualified Buyer to secure more lease term with the Landlord

-Restaurant equipment includes 16’-0” (approx.) Type-1 exhaust hood; double basket deep fryer; two 4-burner ranges with ovens; two vertical broilers; electric convection oven; 8’ X 6’ (approx.) walk-in refrigerator; ice machine; prep tables; 3-compartment sink; prep sink; hand sink; mop sink and much more

- Was founded in 2010 with current operator since 2018 and is open 7 days a week: Monday and Tuesday for dinner 5:00pm–9:00pm; Wednesday, Thursday and Sunday for lunch and dinner 11:00am–9:00pm; Friday and Saturday for lunch and dinner 11:00am–9:30pm

- One Owner works full-time, the other part-time with 25 employees (approx. half are full-time)

-Inventory is valued at $25,000 (approx.) and is not included in the purchase price.

-Premise is licensed with a Type-47 full liquor license and is also available for sale

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, and goodwill. Excluded from the Sale: Brand name, recipes, menu, and some personal items.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information