$260,000.00
Asking Price
Status: Active
Posting ID: 285246
2/18/24
Description
Profitable & Popular European Restaurant For Sale! A+ Corner Location, Stunning Design, and Strong New Lease!
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You cannot beat this high-visibility corner location in this popular East Bay community. The 1,800+/- sf space exudes a small-town vibe but has the population to support high volume. Located on the central thoroughfare for this city this popular eatery pumped out nearly $1.2million in sales in 2023. The space is a Chef's dream and boasts a modern chic design that was fully renovated in 2016 with nearly a quarter million reinvested into the space.
The corner storefront has expansive windows with a custom ADA front door and entrance. The owner smartly chose a variety of materials and surfaces, such as reclaimed wood, leather for banquets, clean white kitchen tiling in the open kitchen, and sexy lighting to highlight the fantastic design and finishes.
The dining room is elegant. but approachable for all. There are roughly 50 seats and even a few raised bar seats where they pour great wines and beers from their five taps. There are also two ADA bathrooms.
A chef designed this space thus it is perfect for a new Chef-Owner. The kitchen is immaculate!! It has a 16' Type hood, extensive equipment, new FRP, and even ample baking cooking equipment giving the current owner's background as a worldly Chef and Baker. The current Chef-owner can train any new owner in the space and on the extensive recipes that have made her so popular.
A new chef-owner or experienced operator could continue this popular concept, which thrives on quality recipes and authenticity. In addition to dine-in guests, the restaurant does a robust amount of grab&go, baked items, and meals to go.
The current owner also renegotiated a strong new lease in 2023.
This Restaurant checks all the boxes, so reach out now to learn more!
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,188,395
Annual Cash Flow: Contact for Info
General Info:
Ownership: Contact for Info
Established: 2016
Employees: 10 +/-
Reason For Sale: Other Interests
Monthly Rent: $6,500
Expiration: May 21, 2028 plus 1 -5yr Option
Facilities:
Square Feet: 1,777
Seating: 55+ Sidewalk seating
Parking: Easy and safe street parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 11am-9pm most days, Closed Mondays
RRC# 4708
Location: Alameda County
To get more information about this European Restaurant - Profitable And Popular business for sale in Alameda County 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 #285246 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this European Restaurant - Profitable And Popular, 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: $260,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $1,188,395.00
Area: Alameda County
City: None Given
Attributes:
My Notes About This Listing
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
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Revenue
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Down
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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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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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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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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
N/A
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Franchise Fee
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Down
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Down
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Down
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Revenue
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Down
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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
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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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Down
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