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California
Asking Price
$849,000
Revenue
$2,406,911
Down
$636,750
Cash Flow
$316,390
Name: Adriana Sargent
Phone: Show phone number
Name
Adriana Sargent
Phone
Show phone number
Posting ID:
285715
Attributes:
Absentee Run
Broker Cooperation
Owner/Seller Financing
Relocatable
Semi Absentee Run
Training And Support
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MS Real Estate Inc. is pleased to present the exclusive opportunity to acquire Ethnic Restaurant, a fully operational and highly regarded restaurant and bar located on the lively Grand Avenue corridor in Oakland. Established in 2006 and positioned just steps from Lake Merritt, this well-known destination offers a turnkey operation for restaurateurs seeking immediate revenue, a strong community presence, and a loyal customer base. The current operators are relocating to a new property they recently acquired, creating a rare chance for the next visionary owner to step into a proven, high-performing location in one of Oakland’s most desirable neighborhoods. The business name, menu, and liquor license are not included in the asking price. Principals Only. Investment Highlights: - Size: Approx. 3,000 square feet - Lease Terms: $8,424/month. | Lease runs through 2030 with renewal option | $30,000 security deposit. - Seating: 70 indoor seats + outdoor patio with 6 tables 24 seats. - Staffing: 1 Full-Time | 10 Part-Time - Operating Hours: 11:30 AM – 10:00 PM, 6 days/week - Permits & Equipment: Fully equipped commercial kitchen | 16’ Type 1 hood + 10’ Type 2 hood - Full FF&E included in sale | Transferable health permit. Ideal Acquisition For: - Experienced operators seeking a turnkey expansion. - New entrepreneurs looking to avoid permit delays and startup costs. - Franchises or multi-unit brands entering the Oakland market. - Investors seeking high-demand restaurant real estate in a proven location. - Almost any new restaurant or bar concept will fit seamlessly into this proven space. What’s Included in Sale: - All Furniture, Fixtures & Equipment (FF&E) - Commercial kitchen with hoods and appliances. - Operational infrastructure and Transferable health permit. - Buyer will be responsible for new ABC license application and any other required permits Financing: All Cash The Seller has supplied the information provided in this Offering Memorandum. While MS Real Estate Inc., as the listing broker, has presented this information in good faith, it has not been independently verified. It is not guaranteed to be accurate or complete. Prospective Buyers and their representatives are strongly encouraged to conduct their due diligence. MS Real Estate Inc. advises all parties to consult with qualified legal, tax, and financial advisors before making any purchasing decisions.
Nevada
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Russian Market - Established Over 15 Years
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CF : $ 110,000
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Have you ever fantasized about running a flourishing pizza business in the vibrant city of Oakland, California? Your dream could come true with this incredible chance to acquire a well-established pizza parlor. Nestled in the bustling neighborhood on Telegraph Avenue, this hot spot has tantalized customers with mouthwatering Italian pizza for lunch and dinner for over two decades. Its long-standing reputation and loyal customer base provide a solid foundation for your entrepreneurial journey. The strategic location of this pizzeria, coupled with its dedicated customer base, has transformed it into a profitable venture ripe for new leadership. This is your moment to step in and seamlessly continue the success of this beloved establishment. With a well-trained staff and a proven operational model, the transition will be smooth, allowing you to focus on infusing your unique flair into the menu and operations. Seize the opportunity to take over a thriving business and become the proud owner of this cherished pizzeria. Contact the listing broker today to discover more about this thrilling business opportunity. PRINCIPALS ONLY | NDA REQUIRED. * Building Square Ft: 1800 | Street Parking. * Lease: Expires 7/31/2026 | Option is available, with landlord's approval. * Rent: $5400 per month. * Seats: 30 . Add more if needed * License & Permits: ABC, Beer & Wine, Health permit, Business License. * Employees: 2 Ft-1pt. * Hours: Sunday-Thursday 11 am-10 pm | Friday-Saturday 11 am-11 pm * Revenue- Call the listing broker for more information All information contained in this offering memorandum resulted from representations by the Seller. Manjit Singh Broker cannot and will not verify the accuracy or completeness of any report. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
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