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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
Attributes:
Absentee Run
Training And Support
Attachments
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Posting Title
Legendary BBQ Restaurant & Property for Sale – Bay Area
Posting ID
#5835114
Full Name (Required)
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Agent, Broker or Seller Contact
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