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#5344
San Francisco East Bay

Fantastic bar and restaurant on Piedmont ave of Oakland

$350,000
Fantastic bar and restaurant on Piedmont ave of Oakland
This Listing is Expired

Fantastic Laotian fusion drinks, food, atmosphere and service. A nice addition to the edge of the Piedmont Avenue retail and dining corridor. There is a type 47 hard liquor liquor license which is included in purchase price. Approximately 1800 square feet with the social U-shaped bar with about 10 seats of its own. Averaging about $60,000 a month in sales with by opening evening hours only. Lease is $7300

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Francisco East Bay
Total Monthly Rent:
$7,300
Security Deposit:
$15,000

Financials

Last Year's Annual Gross:
$700,000

Operations

Liquor License:
47
# of Part-Time Employees:
6
# of Working Owners:
2
Hours Open:
Closed on monday, open from tuesday -Sat 5pm-10:30pm, and close at 11:30pm on weekend
Year Established:
2017
Hood System Type 2:
Yes

Facilities

Indoor Seating:
55
# of Parking Spots:
street parking
Inside Sq. Ft.:
1,800
Total Building Sq. Ft.:

Highlights

  • edge of the Piedmont Avenue retail and dining corridor
  • Type 47 liquor license

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,362 185,761 431,870
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,923 81,917 177,918
2010 Persons Per Household 2.15 2.18 2.29
Median House Value $811,100 $714,497 $556,438
Income Per Household $104,967 $85,088 $66,870
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 901 5,089 11,945
2012 Number Of Employees 20,742 108,964 332,812
2012 Total Annual Payroll $770,235,000 $3,084,169,000 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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