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Remodeled Restaurant and Cocktail Bar with Live Event Venue, RRC#3416

$425,000

Business For Sale Details

Updated on October 17, 2019 at 8:54 pm

  • Property ID: RRC#3416
  • Price: $425,000
  • Building: 6 Sq. Ft.
  • Type: Bars, Bars, Nightclubs & Drinking Places, Night Clubs, Pizzerias, Restaurants, Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $1,000,001-$2,000,000
  • Rent: $22,000
  • Lease Expiration: 27-Dec
  • Year Established: 2018
  • Organization: LLC
  • Reason For Sale: Other Interests
  • Revenue (Yearly): $1,600,000
  • Days/Hours of Operation: 9am - 2pm 5pm - 11pm Wednesday - Sunday
  • Parking: Parking Lot and Street
  • Licenses: ABC Type 47, Health and Business
  • Lease Options: Negotiable

Description

Italian restaurant and night club which could be operated together or separately are for sale.  The restaurant and the club are located in the same building, with the restaurant on the ground floor and the club in the basement. Currently, they run as separate businesses, but the operations could be integrated.  The restaurant and night club are located in a busy part of the East Bay on a main thoroughfare.

The Italian restaurant features classic Italian dishes composed with organic, seasonal, locally sourced ingredients, and a full bar.  The main dining room in the restaurant seats approximately 100, and the bar/lounge area seats an additional 50.  The food is highly acclaimed.  The owners invested $1,000,000 into building out the restaurant space and the nightclub in 2018, thus the interior of the restaurant has a very current look and feel and is beautifully designed and making this space a turn-key for a new operator.

Currently the restaurants opens as a cafe during the week for breakfast and lunch and brunch on the weekends.  It opens nightly for dinner.

 The downstairs club hosts live music, comedy, and DJ events.  Its legal capacity is 262.  It has a dance floor, a stage, a cocktail lounge-type seating area, an office, and is connected to the upstairs restaurant by elevator.

Business For Sale Location:

  • Location: Alameda County, CA, USA
  • City / County: Alameda County
  • State / Province: California
  • Country: United States

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