Sq Ft
1,595
Type
Bakery / Baked Goods Shops, Bars For Sale
Location
102 Frank H. Ogawa Plaza, Oakland
Monthly Revenue
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Monthly Cash Flow
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Annual Revenue
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Annual Cash Flow
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Rent
$ 3,188.01 + $ 245.23CAM = $ 3,433.24

A prime opportunity to own a bar with a new patio, situated in the heart of Oakland’s City Hall Plaza, is now available. This well-designed wine bar-bistro, located at 102 Frank Ogawa Plaza, boasts a stunning historic triangular building with high visibility from Broadway, 14th Street, and the nearby subway entrance.

The space has previously served as a cafe, wine bar, and bottle shop, and is now ready to operate as a turnkey wine bar. We are looking for an enthusiastic owner-operator to breathe new life into this vibrant venue. Perfect for restaurateurs, bar owners, or wine enthusiasts, this location radiates atmosphere and charm.

The interior features top-notch design with custom furniture, a classic bar with modern equipment, and a small non-hooded kitchen equipped with self-ventilating appliances. The layout includes communal tables, high tables, standard tables, and custom wood stools and chairs. Outdoor seating is available on both sides of the building, enhancing the space’s appeal.

Potential to increase business includes expanding operating hours to cater to city employees and downtown office workers on Mondays, or extending weekend hours to include brunch and late-night service, thus boosting volume and profitability.

The lease term runs through 2036, with current rent and CAM totaling $3,433 for 1,595 sq. ft. plus a large patio. A comprehensive equipment list is available upon request.

Don’t miss this exceptional opportunity to own a thriving bar in a prime location. A new owner will certainly celebrate this decision with a glass of champagne!

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General Info

Organization
LLC2
Established
2022
Current Owner
2022
Employees
3
Reason For Sale
Other Interests

Facilities

Seating
14 Bar +2 ADA Bar, 25 chairs, patio seating 14-24
Square Feet
1,595
Parking
Street or Parking Garage
Licenses
Type 41, health, business
Open Hours
Up to new owner - flexible

Lease

Rent
$ 3,188.01 + $ 245.23CAM = $ 3,433.24
Expiration
May 1st, 2027, plus two 5 year options
Yearly Increase
2.5%
Option
Two 5-year
Deposit
$3,350

Financials

Monthly Revenue
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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

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