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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Cafe With Strong Sde Profits In Berkeley For Sale

Berkeley, California - North, US
Asking Price:
$350,000
Sales Revenue:
$1,242,393
Cash Flow:
Available on request

Strong SDE Profits, Doubled Sales in 3 Years! Own a fun, one-of-a-kind Of A Kind Café! SBA Financing Available

RRC# 4692
Location: Berkeley

Description:

This niche café has placed themselves in their own league.

Their unique entertainment, group event and retail niche generates a large portion of their total sales.

The Berkeley students, family and fun-seekers alike love this cafe, and it shows given their sales in 2021 were just over $600,000 and reached $1,242,393 in 2023!

A new owner operator could really continue to grow profits as the current owner structure is semi-absentee.

The space requires less labor and less high level kitchen staff which keeps labor costs lower than most food establishments.

Based on what has been shared with an SBA lender, this business is SBA funding eligible on a $350,000 opinion of value.

Located on Berkeley's best known thoroughfare, this location is in a great family area, near campus, and next to existing and forthcoming housing and multi-unit complexes.

The owner invested in a large covered parklet that greatly increases seating capacity.

The owners have set up an open kitchen that pumps out food, such as pizzas and sandwiches, even without a hood.

They have a Type 41 Beer & Wine license in place for those adult patrons to enjoy.

Come be a part of the fun with this profitable café!

Financial Information:

Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,242,393
Annual Cash Flow: Contact for Info

General Info:

Ownership: LLC
Established: 2015
Current Owner: 2015
Employees: 25
Reason For Sale: Other Interests
Monthly Rent: $11,666.78 rent, $2,724.51 NNN
Expiration: 11/2026 plus 1 MORE -5yr Option

Facilities:

Square Feet: 3,149
Seating: 100 inside, 40+ Seat Covered Parklet, 10 Sidewalk
Parking: Easy Street Parking (tenant pays $100/month for garage parking space)
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 9am-11pm weekdays and 10am-10pm weekends

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $11,666.78 rent, $2,724.51 NNN
Expiration: 11/2026 plus 1 MORE -5yr Option

Location:

Berkeley

Premises Details:

Square Feet:  3,149

Seating: 100 inside, 40+ Seat Covered Parklet, 10 Sidewalk

Parking: Easy Street Parking (tenant pays $100/month for garage parking space)

Size in square feet:
3,149

Business Operation

Reasons for selling:

Other Interests

Trading hours:

9am-11pm weekdays and 10am-10pm weekends

Employees:
25
Years established:
2015

Listed by

Restaurant Realty Company

Broker license number: 01310250