Last Revised: 9/4/19. Posting #: 250390
Key Words: fast food, greek, mediterranean, montclair, oakland, alameda, convert
Financial Info: Price: $95,000. Down: Call. Adjusted Net: Call. Annual Revenues: $675,000. Lease: Rent: $7,029.47 + $935 NNN/month. Term: January 31, 2020 + one (1) five year option.
Profile: This is a very high quality quick service restaurant with beer and wine located in a super prime location in the heart of Montclair Village Oakland. The restaurant has prominent visibility to the street and is among other high end shops and restaurants. It has a full kitchen with two hoods. One hood is out front in the service pick up area visible to the customer for exhibition cooking and a second hood in the kitchen. It is currently being operated as a Greek Quick Service restaurant but can be converted to practically any concept. The finishing details are very nice and has inside seating for 40 + a patio facing the front street for 12. Motivated.
Lease: Rent: $7,029.47 + $935 NNN/month
Term: January 31, 2020 + one (1) five year option.
Professional Resources & Contacts To Help You Close Your Deal!
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: 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
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Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Profile: With the Supreme Court ruling on South Dakota v. Wayfair, business sellers should conduct internal due diligence on their reporting and collection obligations related to remote sales. Addressing this now will avoid problems in the future. John Byrne, CPA explains on BizBenNetwork.
Key Words: john byrne, due diligence, legal, legal issues, legislation, sell a business, selling a business, tax, taxes, taxation, sales tax, seller liability, liability, key exit advisors
Profile: We often hear about the keys to success in the restaurant industry and tend to take them for granted because they seem so logical. But what seems so logical doesn’t always tend to be true. Here are 5 of the most frequently cited principles that hold up and remain true for buyers and sellers alike.
Key Words: jeff back, restaurant, restaurants, cafe, deli, buffet, italian, fast food, sandwich
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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
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Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
Key Words: restaurant, restaurants, jordan green, buyers, buying a business, convert, can convert, asset, asset sale, due diligence
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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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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