Busy Restaurant in Great Location

Price: $149,000

Location: Oakland, Alameda County CA

Industry: Restaurants and Other Eating Places

Listing ID: 5188

DESCRIPTION

Restaurant located in a bustling thoroughfare with a vibrant storefront and a mix of indoor and outdoor seating. Current owner operates serving Greek cuisine, but the facility can support any concept. The restaurant has a large Type-1 exhaust hood with an exhibition kitchen. The dining room is bright, colorful, and contemporary with tall ceilings and a mix of banquette, booth and table seating. There is a small bar area that can be used as a wine or cocktail bar depending on the type of ABC license the Buyer chooses. Premises is currently licensed with a Type-47 full liquor license which is also available for sale.

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, and goodwill. Excluded from the Sale: Brand name, recipes, menu, and some personal items.

LISTING DETAILS

Cash Flow: N/A

OPERATION
Year Established: Was founded in 2010 with current operator since 2018

Days & Hours of Operation: open 7 days a week: Monday and Tuesday for dinner 5:00pm–9:00pm; Wednesday, Thursday and Sunday for lunch and dinner 11:00am–9:00pm; Friday and Saturday for lunch and dinner 11:00am–9:30pm

Owner Hours Per Week: One Owner works full-time, the other part-time
Employees: 25 employees (approx. half are full-time)

LOCATION
Monthly Rent: $5,400
Square Footage: The restaurant is 1,950 square feet (approx.) with seating for 55 (approx) and outside patio with seating for 24 (approx.)

Facilities Information:

Rent is $5,400 gross with current term ending Oct 2026. Qualified Buyer to secure more lease term with the Landlord

Restaurant equipment includes 16’-0” (approx.) Type-1 exhaust hood; double basket deep fryer; two 4-burner ranges with ovens; two vertical broilers; electric convection oven; 8’ X 6’ (approx.) walk-in refrigerator; ice machine; prep tables; 3-compartment sink; prep sink; hand sink; mop sink and much more

Premise is licensed with a Type-47 full liquor license and is also available for sale

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Longmaid

Phone: (707)-503-9335
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