Full Bar and Restaurant with Property (Uptown Oakland)
| Asking Price: | $3,300,000 |
| Inventory: | $30,000 |
| Established Year: | 2008 |
| Gross Revenue: | $2,400,000 |
| Real Estate: | $2,900,000 |
Description:
This highly popular Bar and Restaurant is located in the heart of the Uptown district, a vibrant and diverse neighborhood known for its lively arts scene and dynamic cultural landscape. Situated on Broadway, the restaurant is nestled among a variety of local businesses, including art galleries, music venues, and boutique shops. This prime location makes it a popular destination for both locals and visitors exploring the area. This hip restaurant has garnered a strong local following, is known for its eclectic menu that combines seasonal ingredients with bold, creative flavors. Its stylish, modern decor and laid-back atmosphere create a welcoming environment that appeals to both casual diners and those seeking a more refined dining experience. The restaurant often features a mix of small plates and hearty main courses, allowing guests to explore a variety of tastes and textures. The restaurant’s attention to detail extends to its beverage offerings, which include a thoughtfully curated selection of wines, spirits, craft cocktails, and local beers.
Established and under current ownership since 2008. The sellers plan to retire and are willing to work with the new owner to ensure a smooth transition and provide training and support as needed. Buyers could carry on with the sellers’ concept and improve revenue by expanding business hours, taking advantage of online delivery services, or opting for concept conversion. Perfect location for an Industrial kitchen for mass food production.
Equipment Included: Walk-in Cooler, Type-1 Hood, Oven, Grill, 4 Burner Range, Deep Fryer, Freezer, Flat Screen TVs, Security system with Cameras, and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Family Trust, Sole Proprietors | Square Footage: 6,250 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-47 Liquor Lic. (Included & Transferable) | Hours: Tue-Sun 5:00 pm–10:00 pm, Monday closed | Reason for Sale: Other business interests |
Revenue: Gross Sales: Approximately $200,000/Month. (For information purposes only. This is an asset sale; seller is not going to share business financial data).
Financing: SBA/Conventional Financing.
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
