Last Revised: 9/10/19. Posting #: 247760
Key Words: cafe, pizza, pizzeria, alameda, absentee
Financial Info: Price: $145,000. Down: Call. Adjusted Net: Call. Rent: $6,307/month (Including NNN). Current Term thru 2022 Possibility of additional lease options contingent to negotiations with landlord. Gross Sales: $60,000/month (As Per Seller). Financing: All Cash.
Profile: Located on one of the main streets in Oakland, which will provide heavy foot traffic to the restaurant. There is street parking in front of restaurant to accommodate customers. Surrounded by plenty of businesses, residential housing, & right off the freeway, which make it a go-to place for its local business people, residents & passersby's. Very clean, modern, & great location for customers to come enjoy a slice of pizza. Their pizza is much lower in fat, sauces made fresh in house daily, locally sourced ingredients when possible, & organic. Something for everyone with gluten intolerant crusts, vegan, & vegetarian pizzas.
Equipment Included: Conveyor Pizza Oven, Conveyor Oven Hood, Pizza Oven Gas Stack, Walk-In Cooler, 1 Door Freezer, 3 Compartment Sink, 60' Under-counter Refrigerator, Direct Draw Refrigerator, 94' Pizza Prep Table, Stainless Steel Prep Tables, Salad Prep, Hobert - Dough Mixer, Dough Roller, Ice maker, Single Filter System, Wine Direct Draw Box, All Furniture, and much more. A full list of equipment is available with the Listing Broker.
Organization: LLC | Size: 2,070 sq. ft. Licenses Required: City Business License, Health Permit, SBOE, ABC Type-41 (Included &Transferable to Buyer) | Days Open/Hours: Daily 11:30am - 9pm | Reason For Sale: Other Business Interests | Absentee Ownership.
*Business Name & Menu NOT Part of Sale.
Rent: $6,307/month (Including NNN) | Current Term thru 2022 Possibility of additional lease options contingent to negotiations with landlord.
Gross Sales: $60,000/month (As Per Seller, Not Verified by Broker)
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
Professional Resources & Contacts To Help You Close Your Deal!
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
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
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
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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
View Related Blog Posts For This Posting
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
Related Discussions For This Posting
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
Comments & Replies: 11 Topics: business brokers, buyer representation, buying a business, financing, non SBA loans, SBA loans
Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
Key Words: buying a business, purchase business, business buyers, buyer, buy a business
View All Discussions
Comments & Replies: 10 Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba