$350,000.00
Asking Price
Address: Berkeley,
Status: Active
Posting ID: 285127
2/13/24
Description
Strong SDE Profits, DOUBLED Sales in 3 Years! Own A Fun, One Of A Kind Cafe! SBA Financing Available
This niche cafe 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 cafe!
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
RRC# 4692
Location: Berkeley
To get more information about this Cafe Coffee Shop - Strong Profits, Near College business for sale in Berkeley please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285127 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Cafe Coffee Shop - Strong Profits, Near College, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $350,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $1,242,393.00
Area: Berkeley
City: Berkeley
Attributes:
My Notes About This Listing
Cash flow
$40,450
Revenue
$506,249
Down
$150,000
Posting: 286130 | Available | 4/23/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$464,879
Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Bldg Size
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Space Being Rented
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Year Built
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Lease Amount
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Cash flow
$225,886
Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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Revenue
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Revenue
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Down
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Cash flow
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Down
$105,000
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Total Investment
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Min Liquid Cash
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Net Worth
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Asking Price
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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