Sq Ft
1750+/- inside & 1100+/- sf patio
Type
Restaurants For Sale
Monthly Revenue
Contact For Info
Monthly Cash Flow
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Annual Revenue
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Annual Cash Flow
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Rent
$9,100 + NNNs(~$2648)

Exciting Opportunity: Thriving Neighborhood Hot Spot in Oakland

For sale is a beloved Oakland restaurant and beer bar that has been a local favorite for 11 years. This popular establishment has become a regional destination, drawing guests from across the Bay Area and beyond. Key features include:

  • Outdoor Patio: One of Oakland’s premier all-weather outdoor dining spaces, accommodating up to 90 guests. Ideal for large gatherings and banquets, with a welcoming atmosphere for locals, tourists, and groups alike.
  • Ambiance: The interior boasts a lively shipyard-chic vibe, with a dynamic bar and seating area that enhances the overall dining experience.
  • Menu: Known for its elevated comfort food, made from scratch and affordably priced, alongside a wide selection of craft beers and brunch drinks.

Financial Highlights:

  • Historical Success: The business achieved sales of over $2,000,000 in 2019 and has rebounded impressively with sales exceeding $2,300,000 in 2022, maintaining a very respectable Cost of Goods.
  • Profit Potential: With a full-time owner-operator, there is significant potential to quickly boost profits even further.

Recent Upgrades:

The current owner has invested heavily in upgrades, including:

  • A retractable outdoor awning system
  • New seating and tables
  • Electrical and wiring improvements
  • Video menu boards and large screen TVs
  • Major cooking and refrigeration equipment
  • Updated video and security systems

This vibrant business is ready for a new owner to leverage its strong sales, extensive goodwill, and recent enhancements. A complete list of recent upgrades and equipment is available upon request.

Seize this opportunity to own a thriving business with a fantastic view and a strong community presence. To learn more, please reach out for detailed information. Enjoy the view!

 
 
 
 

General Info

Organization
LLC
Established
2012
Current Owner
2020
Employees
30-35
Reason For Sale
Other Interests

Facilities

Seating
90+/- seated on patio, 48 inside (13 bar seats & 9 tables)
Square Feet
1750+/- inside & 1100+/- sf patio
Parking
Easy Street Parking
Licenses
Type 41 ABC Beer & Wine, Health, Business
Open Hours
11am-9pm Weekdays & 10am-10pm Weekends

Lease

Rent
$9,100 + NNNs(~$2648)
Expiration
In Option Period
Yearly Increase
3%
Option
1-3yr option
Deposit
$10,000

Financials

Monthly Revenue
Contact For Info
Monthly Cash Flow
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Annual Revenue
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Annual Cash Flow
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Payroll
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Financing

Down Payment
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Note Balance
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Terms of Note
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All Cash
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DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location