Last Revised: 11/4/19. Posting #: 249205
Key Words: bars, cafe, pub, gastro pub, oakland, alameda
Financial Info: Price: $350,000. Annual Revenues: $1,920,000. Monthly rent is $7,500 with fixed increases through October 2022. There is a 5 year option to extend the term at a capped market rent with fixed $300 annual increases thereafter. Annual sales approach $2,000,000 with alcohol sales over 50%...mostly beer.
Profile: This is a very popular long established neighborhood Gastro Pub located in a busy upscale Oakland neighborhood. First time on the market. The owner is absentee and runs the business through an on-site manager. Annual sales approach $2,000,000 with alcohol sales over 50%...mostly beer. Food is served from its full hood kitchen.
The Bar and Grill has a great lease and a good relationship with the landlord. The size is approximately 2,000 sq. ft. Monthly rent is $7,500 with fixed increases through October 2022. There is a 5 year option to extend the term at a capped market rent with fixed $300 annual increases thereafter.
This is a good opportunity for an owner/operator with experience in high volume bar business.
The Sale is highly confidential and requires the signing of a Confidentiality Agreement.
Professional Resources & Contacts To Help You Close Your Deal!
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!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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
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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Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
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