$299,888.00
Asking Price
Status: In Escrow
Posting ID: 279643
7/17/23
Description
This well-established, unique restaurant is in the heart of an affluent neighborhood in Alameda County near Berkeley, California. The food is outstanding, an excellent choice for fine dining, and patrons can choose from a fantastic selection of fine wines on their curated list. The restaurant is in a historic district on the busiest intersection, draws patrons from the surrounding affluent neighborhoods (by car and foot), and is also a destination for diners driving in from the nearby communities.
It has been a staple in this community for almost 15 years, yet still has much room to grow. It's an opportunity to enter a business that generates excellent profits on Day 1. The sales numbers are growing, and the current owner has done well. The books are in perfect order, and the restaurant enjoys a great repeat clientele. Principals only.
* Square Ft: 1,456.
* Seats: 60 with 748 sq ft dining area +30 outside seats.
* Lease: Expires: 2024 | New lease, landlord approval required.
* Rent: $5,991. All include | New Rent TBD
* Employees: 8-Ft, 2 -PT
* Equipment: 14 feet-hood, In-ground grease trap, Walk-In (8.5x5.5). The list is available with the listing broker.
* Hours: Monday: 11:00 am - 2:00 pm -Dinner-Closed | Tuesday-Thursday 11:00 am - 2:00 pm 5:30 pm - 9:00 pm | Friday 11:00 am - 2:00 pm, 5:30 pm - 10:00 pm | Sat 8:30 am - 2:30 pm, 5:30 pm - 10:00 pm | Sun 8:30 am - 2:30 pm, 5:30 pm - 9:00 pm
* 2022-Gross Sale: $1.2+ Million.
* 2021- Gross Sale: $925K | Gross Profit: $681K
* 2020- Gross Sale: $614K (Numbers low- Covid Pandemic Year)
* All the books are available to qualified buyers upon signing the NDA and providing proof of funds.
All information contained in this offering memorandum resulted from representations by the seller. The listing broker Manjit Singh cannot and will not verify the accuracy or completeness of any information. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this French Cafe Bistro - Well Established business for sale in Alameda County please phone Manjit Singh, Business Broker (Intermediary, Agent - BRE License #:01291808) at 510-417-9429 Cell and 209-627-0075 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279643 on BizBen.com. In addition to phoning Manjit Singh, Business Broker, make sure you email Manjit Singh, Business Broker above to get more info about this French Cafe Bistro - Well Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01291808. Manjit Singh | Broker | 01291808 |.
Contact
Details
Asking Price: $299,888.00
Down: Call/Email
Cash Flow: $175,000.00
Revenue: $1,200,000.00
Area: Alameda County
City: None Given
Attributes:
My Notes About This Listing
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