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Listing ID: 2517784

Pizza & Pasta Restaurant, Superb Berkeley Location, Heavy Foot Traffic For Sale

Berkeley, Alameda, California, United States

$ 159,000

Revenue: $ 732,000

Cash Flow: $ 105,000

Business Description

Pizza & Pasta Restaurant, Superb Berkeley Location, Heavy Foot Traffic, $735k Annual Sales, Reduced!

RRC#: 2685
Asking Price: $159,000
Location: Berkeley, Alameda County, California
Yearly Revenue: $732,000
Yearly Cash Flow: $105,000
Monthly Rent: 8,547 all inclusive

LISTING DESCRIPTION:
A tremendous opportunity to take over a well designed and equipped restaurant, in a fantastic location. You’d be hard pressed to find a more ideal location really, it could not be better! In addition to assigning the lease, all premises equipment, transfer of the ABC beer & wine license, the menu items, concept and recipes are included. The business name is not included in the sale. The restaurant interior is inviting and the open kitchen really engages the clientele, with both table and counter seating, plus an outside patio. Floor to ceiling glass frontage, a skylight, side patio visibility and high ceilings with track and pendant lighting create a stellar ambience. Behind counter / bar area has a POS system, a 2-group espresso machine, doser grinder, large 2-door under- counter fridge, a 2-door keg fridge with 4-taps, multi function beverage guns, hand sink and chilled ice well. The line kitchen features a 12’ type one hood with fire suppression, pasta cooker, deep fryer, char grill, 8-burner range with oven. The prep side has an under-counter fridge and two 2-door refrigerated salad top fridge units, a vegetable prep sink, plus butcher block and marble top work surfaces. Adjacent is the focal point wood fired brick oven, for everything from pizza, calzone, fresh baked bread you name it. The brick oven has a dedicated hood ventilation system with adjustable blower control. The back of house prep and storage area features a substantial 60 qt mixer, contiguous walk in freezer and walk in cooler units, a large ice machine, commercial slicer, 3-compartment sink, owner dishwasher with stainless clean and soiled end tables, mop sink unit and in floor grease trap. A loft area has room for additional storage, plus an office space with camera surveillance system with remote access capabilities. In all, this is a fabulous, thoughtfully designed and well equipped restaurant, that allows buyers the option to continue a successful exiting menu and concept, or re-invent the premises in a new direction, and perhaps introduce a type 47 ABC liquor license into the mix.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2013 | Current Owner: 2013 | Seating: 60 inside, 25 outside | Square Footage: 1,716 | Parking: Street, parking lot | Licenses Required: Business, Health, ABC Beer & Wine | Days Open/Hours: 6 Days 11a-9:30p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $732,000 | Yearly Cash Flow: $105,000 |

LEASE INFORMATION:
Monthly Rent: 8,547 all inclusive | Lease Expiration: Nov. 2022 | Yearly Adjustment: CPI 3% min. | Lease Option: 5 years | Security Deposit: 5,217 |

Property Details

Property Type:

Lease

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