Restaurant for Sale in Oakland (Temescal) - BELOW Market Rent

Oakland , CA

Restaurant for Sale in Oakland (Temescal) - BELOW Market Rent


Location

Country:

USA

State or Province:

CA

City:

Oakland

Location Zip or Postal Code:

94609

Listing Information

Service Type:

Counter Service/Fast Casual

Title of Listing:

Restaurant for Sale in Oakland (Temescal) - BELOW Market Rent

Year Established:

2018

Number of Locations:

1

Number of Seats:

Less than 50

Size:

1000, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

M to Thursday 5pm to 11pm Friday/ Saturday 5pm to 12am Sunday 11am to 4pm

Reason for Selling:

Family

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Financial Details

Asking Price:

$159999

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Inventory Value included in price?:

Yes

Vendor Financing Available:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

2 year 5month

Total Monthly Rent:

$3000

Financial Comments (include any Financing information that may be useful):

Business Description Newly Updated Kitchen w/ 9.5' Type-1 HOOD - PRIME RESTAURANT LOCATION(Oakland) BRING YOUR QUICK SERVE RESTAURANT TO THIS HOT CORNER IN OAKLAND! Current owner just updated the kitchen! 1,000 sqft space 9.5' Type-1 Hood! Near MacArthur BART Station! 14,000 ADT on Telegraph 149,000 ADT on HWY 24 380 new housing units across the street! 40% Seller Financing Available Keep as-is or bring in your own concept! E-mail or call for NDA and more details.! Detailed Information Location:Oakland, CAReal Estate:LeasedBuilding SF:1,000Lease Expiration:1/1/2022

Contact Listing Owner