DESCRIPTION: Rrc# 1294
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Restored Restaurant-Bar-Cabaret-$500K Invested-Prime Corner Location - Carry Back Option
Location: Oakland, Alameda, California
Offered At: $195,000
Listing Description
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A Beautifully Restored Restaurant And Bar, In A Turn Of The Century Building Is A "Steal" At This Price! From The Foyer Entrance, Beam Ceiling, Marble Floors, Brick Walls, Stunning 25' Bar With Lounge Seating, Raised Hardwood Dining Area And Large Glass Frontage With Decorative Ironwork, The Operation Is Both Hip And Elegant. There Are Two 42" Flat Screens, Satellite System, And A Security System With 15 Cameras. The Antique Bar Features Two Wells, A 3-Door And A 4-Door Under Counter Bar Fridge, 2-Door Wine Fridge, 3- Compartment Sink, Hand Sink, Two Floor Sinks And Bar Seating For 15. There Is An Adjacent Host Podium And Stainless Server Station With Pos System With 3- Screens And 5-Printers, 4-Door Glass Beverage Fridge, Hand Sink, And Bread Warmers. Opposite The Dining Area Is A Display Kitchen With 17' Type 1 Hood, Two 6- Burner Ranges With Ovens, A 2-Wok Range, 3' Char Grill, Double Deep Fryer, 1-Door With 4-Drawer Fridge, 1- Door With 2-Drawer Salad Top Fridges, Hand Sink, A Two Pan Warmer All With Quarry Tile Floor. There Is Another Full Kitchen With A 10' Type 1 Hood, 6-Burner Range With Oven, Double Fryer, Microwave, 3-Door Prep. Fridge, Large Walk-In With Beer Hoses Piped From Taps To Bar, 3-Compartment And 2-Compartment Sinks, Slicer, Robot Coupe Processor, Two Floor Sinks, Stainless And Butcher Block Prep. Tables, Wire And Stainless Shelving. A Storeroom Includes A Large Ice Machine, An 8' Wide Liquor Cabinet, Single Door Freezer, Shelving, Lockers And Linen Area. There Is A Private Office Area Adjacent To The Prep. Kitchen. There Are Two Multi User Ada Restrooms On The Premises. Live Weekend Entertainment And Djs Are Presently Offered To As A Back To Complement The Restaurant And Bar Clientele. The Current Business Allows A New Owner To Increase Sales Revenue By Expanding Operating Hours To Include Breakfast And Lunch As Well As Weekend Brunches And Utilize The Outdoor Seating Area. Seller Is Open To A Carry- Back.
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General Information
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Organization: Sole Proprietorship
Year Established: 2006
Current Owner: 2006
# Of Employees: Contact For Info
Seating: 120 Indoor, 16 Outside
Square Foot/Size: 3,900
Parking: Street, Public Parking Lot
Lic. Required: Business, Type 47 Abc
Days Open/Hours: Sun-Thur 5p-12a, Fri/Sat 5p-1a
Reason For Sale: Other Interests
Financial Information
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Revenue: $37,650 / Month
Cash Flow: Contact For Info
Current Inventory: $est.$40,000 Negotiable
Payroll: Contact For Info
Lease Information
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Lease Rent: $11,186 All Inclusive
Lease Expiration: 9/09
Yearly Adjustment: Cpi, 3% Min.
Lease Option: 5 Years
Security Deposit: $10,000
Financing Information
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Down Payment: Contact For Info
All Cash: Contact For Info
Note Balance: Contact For Info
Rate/Term Of Note: Contact For Info |
