Prime Oakland Restaurant: High Revenue

Business Overview:

Prime Oakland Restaurant Opportunity with High Revenue in Trendy Neighborhood

RRC# 4954 

Location: Oakland  

Description:

This well-established restaurant is situated in one of Oakland’s most sought-after and vibrant trendy neighborhoods, renowned for its high foot traffic and strong local patronage. Nestled in a dynamic district, the location thrives with a perfect mix of residential and commercial traffic, making it an ideal spot for a dining establishment with a loyal customer base. Surrounded by other very busy and successful restaurants, boutique shops, and entertainment venues, this area continues to draw a diverse crowd in search of quality dining experiences.

While the business name, menu, and proprietary items are not part of the sale, the owner—a highly regarded chef—will be available to consult with the buyer. This collaboration will ensure a smooth transition and help establish a new concept and menu that maintains the restaurant’s current success while capturing as much of the ongoing goodwill as possible.

This is a unique opportunity for a buyer to acquire a profitable business with established revenue from day one. Whether you’re looking to introduce a fresh concept or continue the restaurant’s legacy with a new vision, the location and its loyal customer base offer an excellent foundation for success.

Key Features:  Modern Dining Area: Warm and inviting atmosphere, ideal for creating a memorable dining experience.  The kitchen boasts an excellent layout, designed to satisfy even the most discerning chef.  Outdoor Patio Seating: Perfect for Oakland’s mild weather, allowing for year-round al fresco dining.  Prime Location: One of Oakland’s most vibrant and high-traffic neighborhoods, with proximity to major commercial, residential, and cultural hubs.  Thriving Food Scene: Situated in a community-oriented area with an expanding culinary scene.  Turn-Key Operation: Acquire a fully operational business with the option to implement your own concept without starting from scratch.  

This sale provides an excellent opportunity for an experienced operator to take advantage of immediate revenue while introducing a new culinary concept. In a market where goodwill is invaluable, this business offers a rare chance to hit the ground running and tap into a bustling, diverse market.

All financial information provided, including revenue and profit figures, is based on the current concept, which is not included in the sale. This data serves to demonstrate the potential of the location and the success of the concept in this area. For a detailed breakdown of owner addbacks that contribute to the adjusted net, please inquire directly. The owner is committed to working closely with the buyer to ensure a smooth transition and help implement a new concept that will retain as much of the current revenue and goodwill as possible.

Financial Information:

Monthly Revenue: $268,614 

Monthly Cash Flow: $22,204 

Annual Revenue: $3,223,369 

Annual Cash Flow: $266,451 

General Info:

Ownership: LLC 

Established: 2019 

Employees: Contact For Info  

Reason For Sale: Other Interests

Monthly Rent: $8,862 + $1,538.83 (cam) + $300 (parking) Total $10,700.83 

Expiration: 2029  plus 2 Five Year Options 

Facilities:

Square Feet:  2,110

Seating: 30 Inside and 30 Outside Patio 

Parking: Street Parking 

Licenses: ABC Beer and Wine, Business and Health Permit

Days/Hours of Operation: 8am - 3pm Daily

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Property Features and Assets:

Facilities:

Square Feet:  2,110

Seating: 30 Inside and 30 Outside Patio 

Parking: Street Parking 

Licenses: ABC Beer and Wine, Business and Health Permit

Days/Hours of Operation: 8am - 3pm Daily 

Market Competition and Expansion:

General Info:

Ownership: LLC 

Established: 2019 

Employees: Contact For Info  

Reason For Sale: Other Interests

Monthly Rent: $8,862 + $1,538.83 (cam) + $300 (parking) Total $10,700.83 

Expiration: 2029  plus 2 Five Year Options

Reason for Selling:

Other Interests

Additional Details:

Documents:

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