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: 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
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: 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
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: Southern California business broker Joe Ranieri provides business owner/sellers with helpful tips for interviewing and selecting a business broker. Included are things to look for when speaking with business brokers to determine if they are the best candidate to help you sell your business.
Key Words: business broker, business brokers, broker, brokers, sell a business, selling a business, sell my business, joe ranieri
Profile: When examining a restaurant for sale, buyers must pay attention to the costs associated with owning and operating that business. Southern California restaurant broker specialist Joe Ranieri explains the cost percentages that buyers should look for when examining an existing restaurant business.
Key Words: restaurant, restaurants, cafe, fast food, due diligence, adjusted net income, buying a restaurant, buy a restaurant, buying a cafe, buy a cafe, profit, profitability, joe ranieri
Profile: When selling your business, it is important to remember that over 80 percent of businesses that go to market never sell. In order to avoid becoming a part of that discouraging statistic, you must revisit these 5 important questions to ensure your business is set up and prepared to sell.
Key Words: jordan green, selling, seller, business for sale, marketing, landlord, lease, rent, cash-based businesses, broker, business broker, advertise
View Related Blog Posts For This Posting
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
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: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur
View All Discussions
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