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For Sale: Restaurant - Prime Corner, Long Established - Downtown Oakland


Current Status: Active     Posting #: 272623     Last Refreshed: 8/10/22    
Contact: Steve Zimmerman At 888-995-9701  -  Also Email This Contact Below
Asking Price:  $95,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  Call / Email    
Business Address:  380 15th St     City:  Oakland     Zip:  94612    
Attributes:  Broker-Broker Coop, Training & Support, Asset Sale
The possibilities are endless within this space on this prime corner in downtown Oakland. The high traffic and high visibility location at 15th and Franklin is ripe for success. The owners designed and built this space from scratch, at a substantial cost, with a unique 2 spaces in 1 layout. The Garden House restaurant thrived there for 30 years. Now the current layout is One space under One lease, that can house one tenant with 2 concepts or one tenant with subtenants to offset fixed costs. The space has two fully equipped kitchens with Type1 hoods, ample shared storage and work space. The electrical, plumbing, kitchen design, interior guest space, prep areas and equipment and assets within are top notch.

A new owner could do many things within this space including: Operating two concepts within, operating one concept and subleasing the second space, running two concepts for delivery apps or choose to sublease both spaces generating a set rent revenue or a percentage rent from whatever popular concepts they sublease too.

This corner and general area houses so many thriving and popular businesses such as Aburaya, Farley's Coffee & Kitchen, Senor Siseg, Gus's Famous Fried Chicken and so much more. The diversity and vibe in this neighborhood is amazing and ready for more; and this perfect space is primed to contribute even more!

The owners also have a wildly popular concept in this neighborhood, and with only half the square footage as this space, they generate over 1/2million in lunch sales annually and over 1million in dinner volume, almost exclusively for takeout and third party delivery apps.

There are too many ways to be successful within this space. Skip on the financial and timeline burdens of building your own space and come see this location and tour this shiny space now!

Full equipment lists upon request...

RRC#: 4132
Asking Price: $95,000
Location: 380 15th Street, Oakland
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: $5,700 NNN
Expiration: 2028 plus 10yr option

General Information:
Organization: LLC
Year Established: 2019
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact For Info

Facilities:
Square Feet: 1,763
Seating: Limited indoor 12-20 in each + sidewalk seating
Parking: Metered Street Parking
Days/Hours of Operation: TBD

To get more information about this Restaurant - Prime Corner, Long Established business for sale in Downtown Oakland please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272623 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant - Prime Corner, Long Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.

Downtown Oakland Restaurant - Prime Corner, Long Established Business For Sale

Email Steve Zimmerman Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Steve Zimmerman at 888-995-9701.



Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: American Diner Restaurant - Landmark, 20 Years In Emeryville, Alameda County, California
Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 274055  Refreshed: 8/11/2022
Asking Price: $99,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting RUDY'S CAN'T FAIL restaurant located on a corner in Emeryville across from PIXAR STUDIOS established 20 years. The freestanding corner building has a lot of character. Can be operated with trade name or a new business can be established. 2021 Sales: $1,402,703. 2021 Adjusted Net income for working owner: $71,047
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For Sale: Cafe Restaurant In Emeryville, Alameda County, California
Contact: Chan - Owner/Seller: 408-600-8407
Status: Active  Posting #: 275575  Refreshed: 8/9/2022
Asking Price: $125,000  Down Payment: $15,000  Annual SDC: Call / Email  Annual Gross: $420,000
Attributes: Broker-Broker Coop, For Sale By Owner, Lifestyle, Home Based, Asset Sale, Semi Absentee Run, Owner Financing
Fast Track Posting As you know, COVID-19 affected a lot of businesses including ours. I'm very upfront and honest. We were doing well before COVID and slowly we are recovering. Our catering sales have picked up as well. We currently serve breakfast and lunch with opportunities to do dinner as well.
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For Sale: Restaurant, Bar, Real Estate- High Cash Flow In Redding, Shasta County, California
Contact: Hans Monvik: 530-355-1942 Cell, 530-355-1942 Text
Status: Active  Posting #: 267160  Refreshed: 8/4/2022
Asking Price: $1,950,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $1,500,000+
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Fast Track Posting ProBuy Landmark restaurant, bar, / steak house with real estate - this well-established business has been in continuous operation for over 30 years (the only interruption has been for covid protocol) is now operating and performing to pre covid numbers. Owner is older and wants to retire. Owner financing.
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For Sale: Southeast Asian Restaurant - High Volume, High Net In San Francisco Bay Area, California
Contact: Soo Kong Lim: 408-828-9784 Cell
Status: Active  Posting #: 275369  Refreshed: 8/11/2022
Asking Price: $1,590,000  Down Payment: $15% + SBA loan  Annual SDC: $588,700  Annual Gross: $3,324,000
Attributes: Broker-Broker Coop, Semi Absentee Run, SBA Loan Pre-Qualified, Training And Support
Fast Track Posting Highly successful SE Asian restaurant. Destination-driven. $550+ Cash flow. SBA Prequalified. Unique cuisine with exciting flavors loved by customers. Signature "open kitchen style" cooking. Fully-staffed FT/PT long-term employees. Excellent long-term lease. Beer and wine license. Owners retiring.
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For Sale: Restaurant - Inner Sunset Area, Family Owned In San Francisco, California
Contact: Steve McAdaragh: 415-623-9281
Status: Active  Posting #: 271520  Refreshed: 4/18/2022
Asking Price: $150,000  Down Payment: $150,000  Annual SDC: $100,000  Annual Gross: Call / Email
Attributes: Training And Support
Fast Track Posting Popular family owned neighborhood restaurant located in the inner sunset of San Francisco. Current hours of operation are Tuesday Thru Sunday (5pm-9pm). Current hours of operation are Tuesday Thru Sunday (5pm-9pm). Lease expires 2026 with 1 x 5 years option. Restaurant has Type 41 license which is included with asking price.  Occupancy approximately 36 seats. Rent is $4,550 per month. Lease expires 2026 with 1 x 5 years option. There is 4 x big Coolers, 2 x Small Coolers, 2 x Big Stove, 1 x Oven.
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