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For Sale Chinese Restaurant In Oakland Hills, Alameda County, CA

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Contact: Shalley Hsueh at 408-887-5032, 408-887-5032 - Log In To Message/Email This Contact
Last Revised: 9/5/19. Posting #: 256442
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Key Words: chinese, asian, oakland, alameda
Financial Info: Price: $200,000. Down: Call. Adjusted Net: Call. Annual Revenues: $850,000. The lease will expires in Aug 2022. Very reasonable rental rate.
Profile: Long established and profitable Chinese restaurant operation for over 30 years, with regular and repetitive customers. Monthly sales are around $70,000. This location has outstanding foot traffic and located on Oakland Hill in dining, entertainment and shopping district with vibrant mix of trendy restaurants and outdoor cafes, a variety of shops and sunny public plaza. There is something for everyone in a convenient location with ample parking and friendly neighborhood environment.

The restaurant size is around 2,990 sq. ft. with 70 seats. Spacious and fully equipped kitchen. The kitchen features with make up air, blower, Chinese stove, 12 foot hood, big tank extinguisher for fire protection, american stove, deep fryer, walk-in refrigerator, 2 door freezers (two) and one door freezer (one), ice maker, mixer, 70 seats, booster seat and tables.

The lease will expires in Aug 2022. Very reasonable rental rate.

Reason for sale: Seller is selling to retire.

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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Jeff Back at 925-736-8200   Log In To Message/Email This Contributor
Profile: J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years.
Key Words: jeff back, j. back & associates - restaurant sales, restaurant, restaurant broker, fast food, hamburger, bar, quick service restaurant, pizza, gastro pub, pub, thai, mexican, hayward, alameda, san ramon, constra costa, san jose, santa clara, oakland, dublin, lafayette
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Business buyers must use extreme caution when seeking online businesses for sale. In this BizBenNetwork blog, BBN Senior Facilitator Manager Jordan Green explains the major red flags that buyers should look for when examining online business opportunities and existing online businesses for sale.
Key Words: buyers, buying a business, finding a business, searching for a business, online businesses, business opportunities, scams, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: BizBenNetwork Senior Facilitator Manager Jordan Green discusses the preparation that is needed by business owner/sellers to ensure a successful sale of their business. Jordan also shares tips to help sellers minimize the risk of ruining potential deals and hurting the value of their business.
Key Words: selling your business, sellers, business owner seller, sell a business, confidentiality, training, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
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Contributor: Tim Cunha at 650-600-3751   Log In To Message/Email This Contributor
Profile: Conceivably, you have found out about “dependable guidelines” and “typical ratios” and assume that your business will be worth around what an organization of similar size in your particular industry or field is valued at. Tim Cunha, JD, located in the San Francisco Bay Area, discusses this topic.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county, valuation, business valuation, value, evaluations, market value
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Contributor: Joe Ranieri, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
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Contributor: Tim Cunha, Broker, Specialist at - Log In To Message/Email This Contributor
Comments & Replies: 10   Topics: business brokers, buying a business, due diligence, escrow bulk sales, for sale by owner, selling a business
Profile: A business buyer asked: “I just made an offer to buy a business and would like to know what items I should get from the seller to initiate and complete due diligence of the business. Also, how much time should I allocate for successfully completing the due diligence process - 1 week? 4 weeks?”
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Contributor: Tim Cunha, Broker, Specialist at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
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Key Words: nda, confidentiality agreement, non disclosure agreement, confidentiality, confidential
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