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Hayward, Alameda County, California
Legendary BBQ Restaurant & Property for Sale – Bay Area
Asking Price
$2,800,000
Revenue
$3,500,000
Down
$2,800,000
Cash Flow
$300,000
Name: Ashraf Madraswala
Phone: Show phone number
Name
Ashraf Madraswala
Phone
Show phone number
Business & Property Description
Asking Price: $2.8 Million Annual Adjusted Net Income: $216,000 Monthly Net Income: $18,000 Property Size: 4,500 sq ft restaurant on 0.5-acre lot Bonus: Real estate included + 3 residential units above
🍖 A Culinary Landmark Since 1959
Step into a piece of Bay Area history. This iconic BBQ restaurant has been delighting generations of customers with authentic wood-flame BBQ and homemade pies for over six decades. Now serving the 4th and 5th generations of loyal patrons, it’s a beloved institution with unmatched flavor and a reputation that spans the region.
🥧 Signature Offerings
• BBQ Pit Cooking: Smoked over real wood flames, delivering rich, unforgettable aromas and taste
• Homemade Pies & Cheesecakes: Freshly baked daily using cherished family recipes
• Breakfast Service: A local favorite for morning meals
🏡 Prime Location & Real Estate
• Located on a famous street near Hayward University, ensuring high visibility and foot traffic
• Recently remodeled for modern appeal while preserving its classic charm
• Includes three residential units above the restaurant—ideal for rental income or owner occupancy
💼 Investment Potential
• Strong monthly income with room to grow
• Zoned for potential condominium conversion or mixed-use development
• Rare opportunity to own both a thriving business and valuable real estate in a high-demand area
Business Details
Year Established:
1959
Employees:
5
FE&E:
All Inclusive
Reason for sale:
Retiring
Support & Training:
Support and training
Property Information
Building Size (Total):
4,500 sqft
Net Rentable:
4,500 sqft
Units:
3
Year Built:
1,959
Stories:
2
Zoning:
Retail/Residential Mixed use
Ceiling Height:
12
Investment Information
Investment Type:
Value Add
Redevelopment
Owner/User
Investment Subtype:
Mixed Use
Occupancy:
NaN%
Net Operating Income:
$300,000
CAP Rate:
10.00%
Pro-forma NOI:
$350
Pro-forma Cap Rate:
12.50%
Price/Sqft:
$623/sqft
Price/SF (Land Value):
$64/sqft
Lease & Tenant Information
Lease Type:
NNN
Tenant Credit:
Credit Rated
Tenancy:
Single Tenant
Lease Commencement Date:
undefined
Lease Expiration:
5 year+5 years option
Parking Type:
Street
Reserved
Parking
Posting Information
Posting ID:
5835114
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine-In Restaurant
Barbeque, BBQ Restaurant
Attributes:
Absentee Run
Training And Support
Attachments
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.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Legendary BBQ Restaurant & Property for Sale – Bay Area
Posting ID
#5835114
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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Legendary BBQ Restaurant & Property for Sale – Bay Area
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🔥 Legendary BBQ Restaurant & Property for Sale – Hayward, CA Asking Price: $2.8 Million Annual Adjusted Net Income: $216,000 Monthly Net Income: $18,000 Property Size: 4,500 sq ft restaurant on 0.5-acre lot Bonus: Real estate included + 3 residential units above 🍖 A Culinary Landmark Since 1959 Step into a piece of Bay Area history. This iconic BBQ restaurant has been delighting generations of customers with authentic wood-flame BBQ and homemade pies for over six decades. Now serving the 4th and 5th generations of loyal patrons, it’s a beloved institution with unmatched flavor and a reputation that spans the region. 🥧 Signature Offerings • BBQ Pit Cooking: Smoked over real wood flames, delivering rich, unforgettable aromas and taste • Homemade Pies & Cheesecakes: Freshly baked daily using cherished family recipes • Breakfast Service: A local favorite for morning meals 🏡 Prime Location & Real Estate • Located on a famous street near Hayward University, ensuring high visibility and foot traffic • Recently remodeled for modern appeal while preserving its classic charm • Includes three residential units above the restaurant—ideal for rental income or owner occupancy 💼 Investment Potential • Strong monthly income with room to grow • Zoned for potential condominium conversion or mixed-use development • Rare opportunity to own both a thriving business and valuable real estate in a high-demand area
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