Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#3068
San Francisco East Bay Restaurants For Sale

Successful Bar and Resturant Less Than One Hour From East Bay Area

$157,000
Sold
Successful Bar and Resturant Less Than One Hour From East Bay Area
This Listing is Sold

We are proud to present this great opportunity to own an established bar & restaurant with a Full type 47 hard Liqour license.

The atmosphere is unique within a casual sports and entertainment oriented Restaurant and Bar.

The business has been in operation since 1998 and the current owners own the building as well, so he has a vested interest in your success by placing the rent at the low monthly rate of $3,500, and that includes NNN costs. Let's do the math...that's $0.70 per sq. ft. for this 5,000 Sq. Ft. building! Ouch! Steal this baby from the landlord.

Wait a minute...Steal the whole Operation!
The owner wants to offer a Great Deal on the additional 5,000 SQF. upstairs Bar/Nightclub! for a Total of 10,000 sqf.. This space is already and setup for live music, large parties, comedy nights, Catered events...you name it. The current license covers the upstairs Bar, so it's all ready to make money and currently has a large Bar,Huge dance floor,Super sized Big screens and a stage for live music. You can have it all for $229,000....make an Offer he can't refuse before it's gone. $5,900 rent for the entire 10,000 sqf. That's only .59 cents a sqf. !!!!

For 12 years, this restaurant has been the favorite place to wind down for the locals with 16 beers on tap and 10 straight from the bottle, as well as the best-stocked liquor selection in town. And as for entertainment, this is the city's favorite karaoke spot and they aslo have Live DJ and dancing on Friday and Saturday nights to get those sales cranking.

The food served - and you can obviously change the menu if you like -is Hot Wings, which is there signature dish, Salads, Burgers, Pizza, Sandwiches, and more! All easy things to make and with great margins as well. They also serve steaks for those meat eaters in the area.

The owners can boast winning Best Place to Dance, Best Place to Meet Singles and Best Bar/Pub...having won 11 awards so far.

This owner has plugged this restaurant into the community by doing wonderful community service activities such as "Feed the Need" and other charitable events in the area.

This is a fun business to run, but like any restaurant it can be hard work, but very rewarding work as well.

"Owner says lets find a Qualified Operator and He will carry a note for part of the purchase price....How much depends on the buyers experience, credit and financials....Time to make an offer before he changes his mind!"

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
San Francisco East Bay Restaurants For Sale
Lease Term:
new lease 5+5
Total Monthly Rent:
$3,500
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$881,148
Last Year's Owner's Cash Flow:
$91,577
Last Year's Food Cost %:
46.5
Last Year's Payroll Cost %:
20.4
Last Year's Rent %:
4.8

Operations

Liquor License:
47
# of Full-Time Employees:
8
# of Part-Time Employees:
20
# of Family Employees:
2
Hours Open:
M-Th 11:30-9pm
Fri 11:30-10pm
Sat 11-10
Sun 11-9
Bar is open til midnight most Sun-Tues
and open til 2am Wed-Sat
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
# of Parking Spots:
30
Inside Sq. Ft.:
5,000

Highlights

  • Hard Liqour license-type 47
  • Great Downtown Location!
  • There is an additional 5,000sqf. Club availbale upstairs
  • Good Rent
  • Recently the city renovated the Grand Theatre across the street which enhaces the traffic in the area.
  • Catering
  • Easy Menu
  • Just an hour from the Bay Area
  • Owner will carry a portion of the sales price for a qualified operator.
  • Brand New Floors!
  • Ample parking

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 52,416 84,793 97,404
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,467 23,795 27,581
2010 Persons Per Household 3.20 3.38 3.35
Median House Value $225,400 $247,204 $265,570
Income Per Household $63,374 $75,518 $76,000
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 850 1,113 1,533
2012 Number Of Employees 26,464 34,174 47,514
2012 Total Annual Payroll $494,707,000 $696,095,000 $935,957,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

Other Listings in the Area
  • Greek and Mediterranean restaurant next to UC Berkeley
    #5362
    Greek and Mediterranean restaurant next to UC Berkeley
    Lease:  
    Landlord will provide new 5 year lease
    Monthly Rent:  
    $6,000
    Square Feet:  
    700
    Available
    $299,000
  • Asian restaurant with boba tea+ banh mi shop for sale in Livermore
    #6133
    Asian restaurant with boba tea+ banh mi shop for sale in Livermore
    Lease:  
    There is 1.5 year left plus 5 year option + 5 year option
    Monthly Rent:  
    $3,750
    Square Feet:  
    1,500
    Available
    $200,000
  • Multi-units property + Coffee Roastery plant for sale in Solano County
    #6275
    Multi-units property + Coffee Roastery plant for sale in Solano County
    Annual Revenues:  
    $1,800,000
    Available
    $4,000,000
  • Established Thai Asian fusion restaurant for sale in Vallejo
    #6291
    Established Thai Asian fusion restaurant for sale in Vallejo
    Monthly Rent:  
    $5,659
    Annual Revenues:  
    $573,000
    Square Feet:  
    2,627
    Available
    $150,000
  • Established Coffeehouse for sale in Castro Valley shopping center
    #6315
    Established Coffeehouse for sale in Castro Valley shopping center
    Lease:  
    There is 4 years left
    Monthly Rent:  
    $7,843
    Square Feet:  
    1,800
    Available
    $108,000
  • Southeast asian restaurant for sale in Downtown Martinez
    #6331
    Southeast asian restaurant for sale in Downtown Martinez
    Lease:  
    There is 1 years left
    Monthly Rent:  
    $4,500
    Annual Revenues:  
    $700,000
    Square Feet:  
    2,400
    Available
    $250,000
  • Bar & restaurant + real estate for sale in Oakland Jack London Square
    #6345
    Bar & restaurant + real estate for sale in Oakland Jack London Square
    Square Feet:  
    3,000
    Available
    $1,600,000
  • Korean Corn Dog franchise for sale in Dublin Shopping Center
    #6361
    Korean Corn Dog franchise for sale in Dublin Shopping Center
    Lease:  
    There is 4.5 years left + 5 year option
    Monthly Rent:  
    $7,000
    Square Feet:  
    1,300
    Available
    $275,000
  • Super high volume Asian restaurant for sale in Alameda
    #6374
    Super high volume Asian restaurant for sale in Alameda
    Lease:  
    There is 4 yr left on lease
    Monthly Rent:  
    $12,000
    Annual Revenues:  
    $1,800,000
    Square Feet:  
    3,000
    Available
    $350,000
  • Absentee run branded Boba tea and snack shop for sale near UC Berkeley
    #6385
    Absentee run branded Boba tea and snack shop for sale near UC Berkeley
    Lease:  
    There is 3 years left on lease
    Monthly Rent:  
    $4,522
    Annual Revenues:  
    $483,000
    Square Feet:  
    1,100
    Available
    $229,000
  • Vietnamese Sandwich & Pho restaurant for sale in Downtown Martinez
    #6389
    Vietnamese Sandwich & Pho restaurant for sale in Downtown Martinez
    Lease:  
    There is 4 years left with 5 years option on lease
    Monthly Rent:  
    $2,850
    Square Feet:  
    340
    Available
    $250,000
  • High Volume Banh mi and cafe for sale in north side of UC Berkeley
    #6396
    High Volume Banh mi and cafe for sale in north side of UC Berkeley
    Lease:  
    There is 2 years left with 5 years option on lease
    Monthly Rent:  
    $3,122
    Annual Revenues:  
    $500,000
    Square Feet:  
    700
    Available
    $220,000
  • Absentee run Mexican restaurant for sale in Fremont shopping Center
    #6405
    Absentee run Mexican restaurant for sale in Fremont shopping Center
    Lease:  
    There is 4.5 years left with 5 years option on lease
    Monthly Rent:  
    $4,000
    Square Feet:  
    1,500
    Available
    $110,000
  • High volume Asian restaurant for sale in Concord
    #6409
    High volume Asian restaurant for sale in Concord
    Lease:  
    There is 4 years left on lease
    Monthly Rent:  
    $7,080
    Annual Revenues:  
    $900,000
    Square Feet:  
    2,300
    Available
    $250,000
  • Absentee run CHicken and Rice restaurant for sale in Old Oakland
    #6412
    Absentee run CHicken and Rice restaurant for sale in Old Oakland
    Lease:  
    There is 3 years left with 5 years option on lease
    Monthly Rent:  
    $3,000
    Annual Revenues:  
    $20,000
    Square Feet:  
    800
    Available
    $85,000
  • Fried Chicken/seafood Joint for sale in East Oakland
    #6417
    Fried Chicken/seafood Joint for sale in East Oakland
    Lease:  
    There is 2 years left on lease
    Monthly Rent:  
    $3,200
    Square Feet:  
    1,000
    Available
    $350,000
  • Established Asian restaurant for sale in Downtown Vallejo
    #6420
    Established Asian restaurant for sale in Downtown Vallejo
    Lease:  
    There is 11 months left on lease
    Monthly Rent:  
    $3,400
    Square Feet:  
    3,000
    Available
    $168,000
  • Branded boba tea and snack shop for sale in Oakland little saigon
    #6425
    Branded boba tea and snack shop for sale in Oakland little saigon
    Lease:  
    landlord will provide new lease
    Monthly Rent:  
    $2,800
    Square Feet:  
    1,200
    Available
    $65,000
  •  Profitable Mexican Restaurant
    #6426
    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
    Available
    $199,000
  • Profitable Mexican Restaurant
    #6427
    Profitable Mexican Restaurant
    Lease:  
    Expires October 31, 2028 Plus 5 year Option
    Monthly Rent:  
    $5,315
    Annual Revenues:  
    $1,082,654
    Square Feet:  
    1,200
    Available
    $280,000
  • Absentee run Burger and cheesesteak joint for sale near UC Berkeley
    #6429
    Absentee run Burger and cheesesteak joint for sale near UC Berkeley
    Lease:  
    TBD
    Monthly Rent:  
    $8,300
    Square Feet:  
    980
    Available
    $260,000
  • Burger and Cheesesteak restaurant for sale in Temescal of Oakland
    #6431
    Burger and Cheesesteak restaurant for sale in Temescal of Oakland
    Lease:  
    There is 4 months left with 5 years option on lease
    Monthly Rent:  
    $6,300
    Square Feet:  
    1,800
    Available
    $130,000
  • Absentee run Japanese restaurant near UC Berkeley campus
    #6442
    Absentee run Japanese restaurant near UC Berkeley campus
    Lease:  
    There is 7 years left + 5 yr+ 5 yr option
    Monthly Rent:  
    $15,000
    Square Feet:  
    1,500
    Available
    $280,000

Terms Of Use     © 2024