SBA Pre-Approved Restaurant with $3.6 Million Sales, $400,000+ Profit + Patio Real Estate
RRC# 4739
Location: Alameda County
Description:
This is among one of the best known restaurants in the County of Alameda and has been successful for decades. The business has been pre-qualified for an SBA loan so the buyer would only have to come up with as little as 15 to 20% of the purchase price of the business. The total price is allocated as follows: business - $1,179,000; outdoor seating area real estate - $659,000. There are two dining areas, a large outdoor seating area, 4 restrooms (2 are ADA), an office, display kitchen, prep kitchen, dishwashing area and storage areas. The dining rooms have a combination of counter seating, booth seating and tables and chairs. The outdoor seating area which is covered has outdoor heaters. The restaurant space is leased and the outdoor seating area real estate is owned by the sellers who wish to sell the real estate in addition to the business. Some of the major equipment includes as follows: 6' and 12' type 1 hoods with fire suppression systems, 2 burners, rotary toaster, 5' flat grill, 3' flat grill, 2-2 door under counter refrigerator, 2 compartment ice cream freezer, juice machine, 4 unit coffee maker, 2 warmer drawers, walk-in refrigerator, full door refrigerator, dishwashing sink + rinse hose, 3 compartment sink, 6 burners over oven, 3' flat grill over oven, ice machine, 3 door under counter refrigerator, 2 door under counter freezer, 2 hand sinks, utility sink + rinse hose, special fryer, 2 full door refrigerators, floor model mixer, 2 - 3 glass door under counter refrigerators, 2 glass door under counter refrigerator, 3 compartment sink, and 8 wine taps over 2 door under counter refrigerator, Toast POS system, etc. A prospective buyer needs to have a strong operational and financial background.
Financial Information:
Monthly Revenue: $301,706
Monthly Cash Flow: $33,623
Annual Revenue: $3,620,482
Annual Cash Flow: $403,483
General Info:
Ownership: Inc
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $9,200
Expiration: Negotiable
Facilities:
Square Feet: 3,000+ and Outdoor Seating Area (3,000)
Seating: 154 seats inside + 40+ outside
Parking: Street
Licenses: Business, ABC Type 41 (beer & wine)
Days/Hours of Operation: 7 / 6a to 8:30p/9p
