Turnkey Pizza Restaurant + Large Weatherproof Beer Garden w/Fire Pits

Asking Price: $330,000

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Turnkey Pizza Restaurant + Large Weatherproof Beer Garden w/Fire Pits


Asking Price: $330,000


Seller Financing Available
Asset Sale Description
This is an amazing opportunity for a restaurant operator who seeks large outdoor seating and high volume production and sales. There's really no other restaurant in the greater area with this combination of design, amenities, proven track record all in a high traffic location, across from a major transit hub (MacArthur BART Station) and the most trendy neighborhood in Oakland and the East Bay, Temescal.

We're looking for a hungry entrepreneur and/or chef/artist who loves Oakland like we do. We're hoping to hand the baton to the next generation who remind us of ourselves from 10 years ago. We're seeking $300k key money for a fully turnkey property that would cost $1.5MM-$2MM to build today. Key money terms are negotiable and seller financing may be an option for the right buyer/operator. The neighborhood is doing well and is poised for continued growth with new concepts such as Pickle Athletic and Longfellow Soccer Fields opening recently, along with more nearby apartments slated to open within the next year. The most popular bar in Oakland and the East Bay, Tallboy, is less than 2 blocks away along with many other notable restaurants and bars, many of which opened within the past few years.
Detailed Information
Years in Operation
11
Facilities & Assets
Located across from MacArthur BART Station
Unique 3300 sf indoor+outdoor restaurant
BELOW MARKET RENT: Either $3800 OR 6% of net sales monthly, 5+ years remaining
Type 47 ABC Full Liquor/Cocktails Liquor License, clean title
10' Type I Commercial Hood
10' x 20' Walk-In Cooler
Large fully retractable & weatherproof Sunair pergola system for indoor+outdoor experience
2 custom built, plumbed-in natural gas fire pits
Plumbed-in natural gas Sunpak heater system
$20k security camera & laser alarm system
Montague Natural Gas Double Deck Brick Pizza Oven
20 product Direct Draw Draft System w/custom built drip tray w/glass rinsers and glass racking system
Green Air Nitrogen Generator System
NUC02 Bulk C02 System
Electrical and drainage for espresso service
Custom Fireclay tile floor

Current operator is Arthur Mac's, a popular 10 year old pizza beer garden that's moving to a larger property in Hayward

Location has a proven track record of high volume, fast casual restaurant and bar sales
About the Sale
Transition Support
Current tenant is a seasoned restaurant consultant who lives locally and can provide support during the transition phase and during the first year of operations. Tenant has network of technicians and contractors for all appliances and venue needs, which will be provided to the new tenant

Major equipment such as walk-in cooler, 10' Type I commercial hood and underground plumbing for fire pits and heaters have been retrofitted recently

Current tenant built this venue from
Seller Motivation
Moving to downtown Hayward, been planned for 5 years
Financing
Seller provided financing is an option, negotiable
Listing Info
ID
2546434
Listing Views
Attached DocumentsAttachment Disclaimer

4006 MLK JR Way SITE PLAN.pdf

Business Location

Listing ID: 2546434 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.