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American Diner/sportsbar With Guaranteed Hotel Breakfast

Alameda, California : Restaurants
Listing #3037

American Diner/sportsbar With Guaranteed Hotel Breakfast Revenue $214,000 Profit RRC#: 3037 Asking Price: $299,900 Location: Alameda County, Alameda County, California Yearly Revenue: $835,200 Yearly Cash Flow: Contact For Info Monthly Rent: $7200 Including NNN LISTING DESCRIPTION: This restaurant is situated in the lobby of a 144-room hotel in the East Bay. The restaurant serves both hotel guests and walk-in business it is connected to the hotel, but it also has its own separate entrance and a designated parking lot. Per the terms of an agreement with the hotel, the restaurant is the guaranteed provider of continental breakfast for hotel guests. The guaranteed revenue from hotel guests' breakfast covers the restaurant's monthly rent. The restaurant and the associated hotel are located on a main thoroughfare of a major East Bay city. The surrounding area is busy, and there may be more development in the area soon. The restaurant's concept is a cross between an American diner and a sports bar. It serves breakfast, lunch, and dinner. The 10 flat screen televisions inside are usually tuned to local sports, including Warriors, Raiders, and A's games. The restaurant can seat up to 75 inside and 40 outside, and there is potential to expand the outside seating area. There is also potential for growing the business by getting a type 47 full liquor license which would also increase the revenue. The restaurant equipment includes the following: flat-top grill, 12' hood, walk- in refrigerator, walk-in freezer, slicer, fryer, salad prep with 3 door under- counter refrigerator, 1 door reach in freezer, 2 door reach in refrigerator, steam table, grill, 6 burner stove, with oven, 8' hood on the front line, 2 door under counter refrigerator, Budweiser refrigerator, tap system, keg refrigerator, 3 door under counter refrigerator near bar, tap wine system, dishwasher, employee lockers, storage area, ice machine, two restrooms and a soda tap system. GENERAL INFORMATION: Organization: LLC | Year Established: 2013 | Current Owner: 2013 | Seating: 75 Indoor 40 Outdoor | Square Footage: 3300 | Parking: Parking Lot | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 9am - 9pm Monday - Saturday 9am - 5pm Sunday | FINANCIAL INFORMATION: Yearly Revenues: $835,200 | LEASE INFORMATION: Monthly Rent: $7200 Including NNN | Lease Expiration: 2019 | Lease Option: 2 five year options | Security Deposit: 10,000 |

Asking Price:

$299,900

Gross Income:

$835,200

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

American Diner/sportsbar With Guaranteed Hotel Breakfast Revenue $214,000 Profit

RRC#: 3037
Asking Price: $299,900
Location: Alameda County, Alameda County, California
Yearly Revenue: $835,200
Yearly Cash Flow: Contact For Info
Monthly Rent: $7200 Including NNN

LISTING DESCRIPTION:
This restaurant is situated in the lobby of a 144-room hotel in the East Bay. The restaurant serves both hotel guests and walk-in business it is connected to the hotel, but it also has its own separate entrance and a designated parking lot. Per the terms of an agreement with the hotel, the restaurant is the guaranteed provider of continental breakfast for hotel guests. The guaranteed revenue from hotel guests' breakfast covers the restaurant's monthly rent. The restaurant and the associated hotel are located on a main thoroughfare of a major East Bay city. The surrounding area is busy, and there may be more development in the area soon. The restaurant's concept is a cross between an American diner and a sports bar. It serves breakfast, lunch, and dinner. The 10 flat screen televisions inside are usually tuned to local sports, including Warriors, Raiders, and A's games. The restaurant can seat up to 75 inside and 40 outside, and there is potential to expand the outside seating area. There is also potential for growing the business by getting a type 47 full liquor license which would also increase the revenue. The restaurant equipment includes the following: flat-top grill, 12' hood, walk- in refrigerator, walk-in freezer, slicer, fryer, salad prep with 3 door under- counter refrigerator, 1 door reach in freezer, 2 door reach in refrigerator, steam table, grill, 6 burner stove, with oven, 8' hood on the front line, 2 door under counter refrigerator, Budweiser refrigerator, tap system, keg refrigerator, 3 door under counter refrigerator near bar, tap wine system, dishwasher, employee lockers, storage area, ice machine, two restrooms and a soda tap system.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2013 | Current Owner: 2013 | Seating: 75 Indoor 40 Outdoor | Square Footage: 3300 | Parking: Parking Lot | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 9am - 9pm Monday - Saturday 9am - 5pm Sunday |

FINANCIAL INFORMATION:
Yearly Revenues: $835,200 |

LEASE INFORMATION:
Monthly Rent: $7200 Including NNN | Lease Expiration: 2019 | Lease Option: 2 five year options | Security Deposit: 10,000 |


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