Oakland Bar And Restaurant With Large Outdoor Beer Garden And Very Low

Oakland, CA (Alameda County)

Oakland Bar And Restaurant With Large Outdoor Beer Garden And Very Low
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Asking Price: $199,900

Cash Flow: N/A

Gross Revenue: $438,764

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $8,312 per Month

Established: 2016

Oakland Bar And Restaurant With Large Outdoor Beer Garden And Very Low

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Business Description

Oakland Bar And Restaurant With Large Outdoor Beer Garden And Very Low Rent

RRC#: 3930
Asking Price: $199,900
Location: Alameda County

Annual Revenue: $438,764
Annual Cash Flow: Contact for Information
Monthly Rent: $8,312

Listing Description:

Bar with large beer garden space in Oakland for sale.

Overall, this business provides an outstanding opportunity for the right person to create a vibrant bar/restaurant/event space that could become a popular destination.

The space includes a kitchen which can be used for a restaurant concept; the current owner is sub-leasing the kitchen space to a pop-up concept.

A new owner/operator could continue utilizing the kitchen in this manner, or implement their own food concept.

The outdoor beer garden area is 4000 sq ft, and can be used to host events and parties.

The total bar/kitchen area is 1600 sq ft, and is surrounded by an additional 7400 sq ft of indoor space.

This space can be used to accommodate customers/event guests and to showcase art, OR it can be subleased back to the current owner.

The current rent is quite low for the amount of space and the opportunity this location presents.

The current landlord will provide a new long-term lease to the right tenant.

This location is near major thoroughfares in downtown Oakland, and close to other businesses and many residential. A full equipment list is available upon request.

General Information:
Established: 2016
Current Owner: Contact for Information
Employees: Contact for Information
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $36,563
Monthly Cash Flow: Contact for Information
Annual Revenue: $ 438,764

Square Feet: 9,000 Indoor and 4,000 Outdoor
Seating: 200+ Inside and Outside
Parking: Street Parking

Detailed Information

Location:
Oakland, CA
Real Estate:
Leased
Building SF:
9,000
Lease Expiration:
N/A
Employees:
Contact for Info
Support & Training:
Yes
Reason for Selling:
Other Interests
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Patrick Totah

Business Listed By:
Patrick Totah

Restaurant Realty Company


Sponsoring Broker:
Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

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Ad#:1843951

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