Reason for selling: Partnership dispute.
Alameda is a city of 80,000 population and is adjacent to and south of Oakland and east of San Francisco across the San Francisco Bay.,The Downtown commercial district is lively with Restaurants, Bars, antique shops, Theater, shopping and over the years have redeveloped into a hip town with historical roots.,Current restaurant owner selling a fully built-out restaurant near downtown, due to partnership’s change of plans this restaurant is now available.,Restaurant collection downtown merchants Centrally located in restaurant and bar row with heavy foot and car traffic, across intersection of Shattuck of Park St. and Tilden Way. It is a Fully-Built commercially equipped full kitchen Great for first time business owners (mom & pop) and or seasoned restaurant or food experienced operators to give it a new concept such as any of the following concepts below, this is a full size catering kitchen that can can accommodate large catering accounts and On Demand catering orders.,Landlord will have to review and approve for any other possible concepts such as;,1) Ethnic cuisine, specialty restaurant,2) Burger Restaurant, BBQ joint, sandwich Deli specializing in cold cuts, salads and specialty sandwiches,4) Mediterranean Cuisine, fast food take-out,3) Ice Cream Shop, cake , pastries or Dessert Shop,4) Boba Tea Shop and Milk Tea Shop,5) Fast Food Chinese take out or sit down restaurant,6) Sushi, Japanese bento restaurant,7) Ramen, or noodle bar restaurant,8) Gastro-Pub or wine bar, Tapas,9) Bring your interesting start-up concept or established working concept.,Restaurant Details & Fully Equipped kitchen;,*1,800sf +/-, Back Patio and Parking lot,*Walk-in Cooler, Walk in Freezer,*Storage, Pantry area and office space,*All FF&E, (Furniture, Fixture and Equipment) are inclusive of sale,*Seller will provide training if need be.,*Type 1- commercial vented hood 16ft,*Street Facing location maximum frontage, adjacent to anchor popular restaruants and bars,*Below Market Rent $3,800 +,*Type 41- beer and wine license,*Lease is through 8/2023, landlord can provide an extension if Buyer is solid operationally and financially.,*$195,000.,(???)If you are currently in the restaurant & catering business and looking to expand, this may be ideal retail location for you, if you are looking to take over an existing profitable restaurant and catering business and willing to learn, sellers will be willing to teach. *For further details, please inquire via email or call Riki~Restaurant Broker teach. *For further details, please inquire via email or by calling Riki~Restaurant broker for an appointment for a tour.,(*Pictures are for references only not the actual business for sale*)
Asking Price: $195,000
Gross Revenue: N/A
Cash Flow: N/A
Financing: – – –
Franchise: – – –
Lease Rate/Sq. Ft.: $3,850 /SF/Month
Lease Rate: $3,850 /SF/Month
Lease Expiration: 6/1/2023
Support Training: Yes, seller willing to train.
Competition: Centrally located in a very cut-throat downtown market with restaurants of all types and cuisines but very favorable location and desirable market for the Seasoned restaurateur, not recommended for a first time operator. *Below market rent and long term lease with landlord if prospect meets qualifications.*
Facilities: Turn-Key restaurant operation conveniently located off Freeway and downtown location, heavy foot traffic and centrally located across from Movie Theater, downtown and public transportation station. Great use for commissary and or food truck commissary kitchen as parking is readily available via back parking lot for pick up and delivery in rear.
Employees: – – –
Inventory: N/A – Included in asking price
Real Estate: Leased
Building SF: 3,000
Type: – – –