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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Beautifully Designed Berkeley Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $618000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Description  
Beautifully Designed Berkeley Restaurant- Absolute Prime Location- 700k Gross Sales RRC#: 2132 Asking Price: $189,000 Location: Prime Berkeley Location, Berkeley, California Yearly Revenue: $618,000 Yearly Cash Flow: Inquire Monthly Rent: 6,948 Base rent & NNN. LISTING DESCRIPTION: This location is absolutely A+! The business opened it's doors after a thorough premises remodel, which included upgrading the kitchen, dining environment, and adding new equipment. The stunning interior really draws you in and must be seen to appreciate. It is both comfy and hip, with very high ceilings, exposed brick, wooden accents and wood flooring, strategic lighting, and a semi-display kitchen. There is a small bar that seats five, and features a 2-iPad POS system, 2-door keg fridge with 3-taps, 3-door bar fridge, espresso machine and doser grinder. The quarry tiled line kitchen is equipped with an 8' type one hood, 10-burner range with two ovens, 2' char broiler, Hobart mixer, 2-door reach-in, two 2-door under counter fridges, wire rack shelving, stainless shelving and work table, hand sink and mop sink. A separate prep room is equipped with a state of the art pasta maker, dough sheeter, sheet pan roll rack, stainless wall shelving, prep sink, hand sink, and a leased dishwasher with floor sink and stainless side tables. There is also a separate pantry store room with wire rack shelving for dry goods, two 2-door freezers, 1-door beverage merchandiser, and miscellaneous storage containers. Along with a private office, there are two ADA restrooms, and the entire premises is wheelchair accessible. Monthly base rent is currently $5,848, plus $1,100 NNN covers the restaurant's water and sewer usage. Annual rent increases ate based on CPI with a 2.5% minimum. Buyers could certainly retain the existing and proven menu concept, or boost sales and profitability by expanding the operating days and hours and include opening for lunch.


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