Stunning 42+Seat Patio! Great Stylish Cafe with Upgrades
Asking Price: | $163,000 |
Rent: | $3,532.8/Month |
Gross Revenue: | $504,000 |
Established Year: | 2021 |
Stunning 42+Seat Patio! Great Stylish Cafe with Upgrades In the Heart of Berkeley
RRC# 4880
Location: Berkeley
Description:
This ~885sf counter service café with upgraded ~650sf patio oasis is now for sale. This ideally located café is surrounded by apartments, student housing, medical facilities, businesses and is only two blocks from the UC Berkeley campus Also, there is new construction on a 170 unit building breaking ground on the block promising to bring even more traffic and business to this block. Student and business types alike dine, meet and relax to enjoy the large outdoor patio space and cute and comfortable custom designed interior. With 25 indoor dining seats including expo/ bar top seats and 55+ Seats on the upgraded fenced patio that has fire and lighting, plus 8 seats of sidewalk seating, this café serves up thoughtful fast casual dishes, coffee drinks, wine, beer and more.
The space was designed with welcoming design elements and the patio is inviting, especially for groups or guests listening to the weekly live music that is played on it . It has a deeded storage and refrigeration space in the parking garage area. This manageable, low labor and low overhead space is a GEM and Volume for the current concept has grown year over year. The current owner has really increased catering sales and group or event bookings by working with UC Berkeley, Berkeley Theaters, High Schools and many more.
There is an extensive amount of interior and exterior FF&E included with the sale. A full Equipment List Upon Request.
This space is versatile and has served a range of cuisines and styles of foods including Pizza, French, Italian, Cafe style dishes, Elevated Coffee and more..... The sky is the limit, and the Patio is the draw!
Financial Information:
Monthly Revenue: $42,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $504,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Sole Proprietorship
Established: 2021
Employees: 8+/-
Reason For Sale: Other Interests
Monthly Rent: $3532.80 + NNNs (~854.39) (Landlord pays water & Trash)
Expiration: May 31 2028 plus (1) 5 Year option
Facilities:
Square Feet: 885 + 650 patio
Seating: 25 indoors, 55 Patio, 8 sidewalk
Parking: Street & Employee dedicated space
Licenses: Type 41 beer & wine, Health
Days/Hours of Operation: 1130 - 9pm
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Benito's Pizza
Available in Multiple Locations
FranchiseCash Required: $150,000