One of Oakland's Best Outdoor Dining Spaces with Views! Strong Profits & Goodwill
Location: Oakland
Description:
A decade-old Neighborhood Hot Spot is now for sale in Oakland.
This popular restaurant and beer bar opened in 2012.
The concept has seen great success and profits over the years.
It boasts one of Oakland's best all-weather outdoor dining spaces with views.
The outdoor dining space was recently upgraded to the tune of roughly $70k, to add a retractable roof and heating, making this ~90-seat space usable year-round.
The exterior space is welcoming to all locals, tourists, and groups. The entrance and interior seating as well as the bar have a shipyard-chiq vibe that makes you smile.
Their kitchen serves up elevated, quality yet affordably priced, comfort food. Beer Lovers flock to this business that serves a large selection of craft beers in addition to brunch drinks and so much more.
The business is historically profitable and was selling over $2,000,000 in 2019 and has quickly bounced back to sell over $2,300,000 in 2022.
A full-time owner-operator could elevate the current profits fast!
The current owner has been committed to upgrading and reinvesting in the space each year.
The long list of new and like-new upgrades includes, but is not limited to, a retractable patio roof system, new seating and tables, electric and wiring upgrades, video menu boards, as well as; a fryer, hood motor, new kegerators, a new commercial water heater and a new video and security system in 2023 alone!
This business is ready for a new excited owner to capitalize on the extensive goodwill, strong sales and upgrades to the business. A complete list of the recent upgrades, as well as a full equipment list can be shared upon request.
A new owner is sure to... ENJOY THE VIEW!!
Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
General Info:
Ownership: LLC
Established: 2012
Current Owner: 2020
Employees: 30-35
Reason For Sale: Other Interests
Monthly Rent: $9,100 + NNNs(~$2648)
Expiration: In Option Period
Facilities:
Square Feet: 1750+/- inside & 1100+/- sf patio
Seating: 90+/- seated on patio, 48 inside (13 bar seats & 9 tables)
Parking: Easy Street Parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 11 am - 9 pm Weekdays & 10 am -10 pm Weekends
