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#677
San Francisco Restaurants For Sale

A Nicely Decorated Japanese Restaurant in Downtown Oakland

$198,000
A Nicely Decorated Japanese Restaurant in Downtown Oakland
This Listing is Expired
This Japanese restaurant located in the office area of Oakland downtown. It is near the main street of Broadway and also walking distance from residential apartments in the other side. Clientele is good and stable. The restaurant is rated 4 stars by Google search website. It has 100+ seats with a dining room nicely decorated with a sushi bar, a private suite and a party room. Kitchen is huge with 20ft hood in place, and well maintained. Business hours now are from Monday to Friday, therefore, opening for Saturday will increase revenue. Possibility to add Chinese take-away menu for in separate section will also bring more incomes. Present base rent and CAM is $4,614 in an area of 3,000sq/ft, with remaining term of 8 months plus 5 years option. Seller is moving out of State and willing to finance up to 30% of the purchase price to qualify buyers. Want to own a nice Japanese restaurant in the good location of Oakland, please click "Sign Confidential Agreement" link and get detailed information.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Francisco Restaurants For Sale
Lease Term:
8mon.+5 years
Total Monthly Rent:
$4,614
Security Deposit:
$8,200

Operations

Liquor License:
41
# of Full-Time Employees:
9
Hours Open:
Monday to Friday
Lunch 11:30am - 3:00pm
Dinner 4:00pm - 8:00pm
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Inside Sq. Ft.:
3,000

Highlights

  • Well established Japanese restaurant in office area of Oakland downtown.
  • Close to the main street of Broadway and walking distance from numbers of residential apartments at another side.
  • Rated 4 stars restaurant by Google scearch site.
  • Very nice decorated dining room with a private suite and a VIP room served with a sushi bar.
  • Huge and well maintained kitchen with 20
  • Has good and stable clientele from offices around and residents from short distance.
  • Opening business for Saturday could increase gross sales.
  • Possibility to extend take-away Chinese fast food at separate corner of the restaurant.
  • Owner moves out of State and has to sell.
  • Seller is willing to finance upto 30% of the purchase price to qualify buyers.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
30%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 14,805 241,479 447,300
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,968 102,939 185,348
2010 Persons Per Household 1.65 2.17 2.27
Median House Value $358,800 $500,341 $545,753
Income Per Household $26,054 $58,043 $61,335
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,665 7,908 13,247
2012 Number Of Employees 68,722 257,886 381,890
2012 Total Annual Payroll $2,795,535,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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