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