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Absentee-Owner-Potential Japanese Restaurant on the center of Temescal Oakland, netting $300,000

Alameda, California

| BizBen.com

https://www.bizben.com/business-for-sale/absenteeownerpotential-japanese-restaurant-currently-netting-240000-8086707

Oakland, Alameda County, California

Absentee-Owner-Potential Japanese Restaurant on the center of Temescal Oakland, netting $300,000

Name: Absentee-Owner-Potential Japanese Restaurant on the center of Temescal Oakland, netting $300,000
Address: Oakland, California, US

Asking Price

$600,000

Revenue

$1,400,000

Down

$180,000

Cash Flow

$300,000

Description

Located in the vibrant heart of Temescal Oakland, California, this established Japanese restaurant boasts a robust annual revenue of $1,400,000. Despite the current owner only dedicating three days per week, the business still nets an impressive $300,000 annually, demonstrating the potential for further growth with a more hands-on approach.

This restaurant is a gem in Alameda County's thriving food and restaurant scene. Set in a compact 1,100 square-foot space, the restaurant is easy to manage and maintain. It operates from 5 pm to 1 am (2am on Friday and Saturday) daily, catering to the late-night crowd and food enthusiasts in the area.

Aside from its strong financial performance, the business comes with a semi-absentee run attribute. This means that it can operate with minimal supervision, allowing you to balance this venture with other business interests or personal commitments.

The current owner is selling due to commitments to another business, providing an excellent opportunity for an enthusiastic entrepreneur to take the reins. With a reasonable asking price of $600,000 and a lease term of 7 years, potential buyers can look forward to a lucrative business with a solid foundation.

Interested parties don't need to worry about transition struggles. The current owner is committed to ensuring a smooth handover and will provide adequate training for the new owner to help them settle in quickly.

This restaurant is a golden opportunity for anyone looking to invest in California's bustling

To get more information about this Absentee-Owner-Potential Japanese Restaurant on the center of Temescal Oakland, netting $300,000 business for sale in Oakland, California please contact Thomas Kim (Broker - BRE License #:01065385) at propertymaxx@gmail.com or +19257856256

Business Details

Year Established:

1997

Employees:

Reason for sale:

Retiring

Property Information

Size in Square Feet:

1,100 sqft

Lease Terms:

Lease & Tenant Information

Lease Options:

$7,800

Posting Information

Posting ID:

8086707

Business Category:

Restaurants & Food

Business Types:

Japanese Restaurant

Attributes:

E-2 Visa Eligible

License (Liquor, etc.)

Owner/Seller Financing

Semi Absentee Run

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Non-Disclosure Agreement

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Send NDA Request

Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.

Posting Title

Absentee-Owner-Potential Japanese Restaurant on the center of Temescal Oakland, netting $300,000

Posting ID

#8086707

Full Name (Required)

Email (Required)

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NDA Signed Successfully!

Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.

Agent, Broker or Seller Contact

Name:

Thomas Kim

Phone Number:

+19257856256

Contact Email:

propertymaxx@gmail.com

Contact Form

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

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