Tupelo Data Room
Bars, Pubs & Taverns, Other Restaurants & Food
Active

$700,000 in net income, low rent, prime location, high profit

Alameda County, California, United States
listing image
Asking Price$2.50m
Revenue-
EBITDA-
Cash Flow-
Description
This business features a $2,500,000 asking price and generates $700,000 in net income from $3,240,000 in annual gross revenue. The 2,700 sq. ft. space benefits from exceptionally low rent at $4,700 per month, with a 5-year lease and two 5-year extension options. Key highlights include: - Capacity: 50-55 indoor seats and 60-70 outdoor seats. - Assets: Includes a Type 47 liquor license and a basement wine cellar/storage area. Equipment: Fully equipped with a 24 ft. Ansul hood system, two 6-burner range ovens, a walk-in fridge, a double-door stainless steel freezer, a double-basket fryer,a salamander, and a charcoal grill. - Operations: Currently managed by 15 part-time employees. This is a significant opportunity for the right investor to secure a high-performing asset with manageable overhead. Please let me know if you would like to discuss this further or schedule a viewing.
Real Estate
Leased
Related Categories
Bar for Sale
Other Food Business for Sale
Business for Sale in California
Asking Price$2.50m