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Remodeled Restaurant & Bar Near UC Berleley - Berkeley, California

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Remodeled Restaurant & Bar Near Uc Berleley
Berkeley, California
 
Asking Price $175,000
Office Listing # 1491
Revenue $65,000 / month  
Cash Flow Contact For Info  
Lease Rent $10,582 all inclusive  
Square Feet 2,080  

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Listing Description
 
RARE LOCATION!!! FULL RESTAURANT WITH BAR IN BERKELEY. One half block from UC Berkeley (54,000 students and staff), Berkeley City College (6,000 students and staff) and Downtown Berkeley BART station. This hard to find location is the main link between BART and UC Berkeley, with an average of 10,000 pedesterians pasing by daily. Perfect for a pizzeria with full service bar, suitable for a pub, Italian concept, noodle concept, full service steak house or seafood restaurant, etc. Approximately 2,100 square feet with an ABC Type 47 (hard liquor license included), completely remodeled with two handicap accessible bathrooms. There is a large glass frontage, separate bar area and display kitchen. Some of the equipment includes as follows: type 1 hood with fire suppression system, POS system, 42" plasma screen TV, prep refrigerators, sandwich refrigerators, full door freezer, dipping cabinet, 30 gallon gas braising pan, double deck oven, sound system, 80 quart mixer, slicer, gas burning oven, espresso machine, 12 burners over 2 ovens, 2 convection ovens and ice maker etc. Name and menu not included with sale. The aproximate $10,000 all inclusive rent also includes garbage.
General Information
     Organization: Corporation
     Year Established: Contact For Info
     Current Owners: 2007
     # of Employees: Contact For Info
     Seating: 50+
     Square Feet: 2,080
     Parking: Street and parking lots
     License(s): Business & ABC Type 47 License (Hard Liquor)
     Day & Hours Open: Contact For Info
     Reason For Sale: Other interests
   

Financial Information

     Revenue: $65,000 / month
     Cash Flow: Contact For Info
     Payroll: Contact For Info
     Inventory: Contact For Info
     FF & E: Contact For Info
   

Lease Information

     Lease: $10,582 all inclusive
     Expiration: 6/30/12
     Yearly Adjustment: 3%
     Option: 5 years
     Security Deposit: $35,000
   

Financing Information:

     Down Payment: Contact For Info
     All Cash: Contact For Info
     Note Balance: Contact For Info
     Rate/Term of Note: Contact For Info

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.
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Listing Contact:

Steve Zimmerman
 Restaurant Realty Company
 
Phone:  415-945-9701
    Fax:   415-945-9702

 www.restaurantrealty.com

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