Turnkey Restaurant & Bar | Prime Grand Avenue Location, Oakland, CA
Asset Sale Description
3,000 Square feet, Turnkey Restaurant & Bar, Near Lake Merrit.
MS Real Estate Inc. is pleased to present the exclusive opportunity to acquire Ethnic Restaurant, a fully operational and highly regarded restaurant and bar located on the lively Grand Avenue corridor in Oakland. Established in 2006 and positioned just steps from Lake Merritt, this well-known destination offers a turnkey operation for restaurateurs seeking immediate revenue, a strong community presence, and a loyal customer base. The current operators are relocating to a new property they recently acquired, creating a rare chance for the next visionary owner to step into a proven, high-performing location in one of Oakland’s most desirable neighborhoods. The business name, menu, and liquor license are not included in the asking price. Principals Only.DO NOT DISTURB THE EMPLOYEES !
Investment Highlights:
- Size: Approx. 3,000 square feet
- Lease Terms: $8,424/month. | Lease runs through 2030 with renewal option | $30,000 security deposit.
- Seating: 70 indoor seats + outdoor patio with 6 tables 24 seats.
- Staffing: 1 Full-Time | 10 Part-Time
- Operating Hours: 11:30 AM – 10:00 PM, 6 days/week
- Permits & Equipment: Fully equipped commercial kitchen | 16’ Type 1 hood + 10’ Type 2 hood
- Full FF&E included in sale | Transferable health permit.
Ideal Acquisition For:
- Experienced operators seeking a turnkey expansion.
- New entrepreneurs looking to avoid permit delays and startup costs.
- Franchises or multi-unit brands entering the Oakland market.
- Investors seeking high-demand restaurant real estate in a proven location.
- Almost any new restaurant or bar concept will fit seamlessly into this proven space.
What’s Included in Sale:
- All Furniture, Fixtures & Equipment (FF&E)
- Commercial kitchen with hoods and appliances.
- Operational infrastructure and Transferable health permit.
- Buyer will be responsible for new ABC license application and any other required permits
Financing:
All Cash
The Seller has supplied the information provided in this Offering Memorandum. While MS Real Estate Inc., as the listing broker, has presented this information in good faith, it has not been independently verified. It is not guaranteed to be accurate or complete. Prospective Buyers and their representatives are strongly encouraged to conduct their due diligence. MS Real Estate Inc. advises all parties to consult with qualified legal, tax, and financial advisors before making any purchasing decisions.
Investment Highlights:
- Size: Approx. 3,000 square feet
- Lease Terms: $8,424/month. | Lease runs through 2030 with renewal option | $30,000 security deposit.
- Seating: 70 indoor seats + outdoor patio with 6 tables 24 seats.
- Staffing: 1 Full-Time | 10 Part-Time
- Operating Hours: 11:30 AM – 10:00 PM, 6 days/week
- Permits & Equipment: Fully equipped commercial kitchen | 16’ Type 1 hood + 10’ Type 2 hood
- Full FF&E included in sale | Transferable health permit.
Ideal Acquisition For:
- Experienced operators seeking a turnkey expansion.
- New entrepreneurs looking to avoid permit delays and startup costs.
- Franchises or multi-unit brands entering the Oakland market.
- Investors seeking high-demand restaurant real estate in a proven location.
- Almost any new restaurant or bar concept will fit seamlessly into this proven space.
What’s Included in Sale:
- All Furniture, Fixtures & Equipment (FF&E)
- Commercial kitchen with hoods and appliances.
- Operational infrastructure and Transferable health permit.
- Buyer will be responsible for new ABC license application and any other required permits
Financing:
All Cash
The Seller has supplied the information provided in this Offering Memorandum. While MS Real Estate Inc., as the listing broker, has presented this information in good faith, it has not been independently verified. It is not guaranteed to be accurate or complete. Prospective Buyers and their representatives are strongly encouraged to conduct their due diligence. MS Real Estate Inc. advises all parties to consult with qualified legal, tax, and financial advisors before making any purchasing decisions.
Detailed Information
- Years in Operation
- 19
- Facilities & Assets
- Turnkey operation—fully approved with no red tape or permit delays. All furniture, fixtures, and equipment (FF&E) are included in the purchase price, offering a seamless transition for the new owner. Note: The sale excludes the LIquor License and the current business name. This is a golden opportunity to launch your own concept in a fully outfitted space—no build-out required, no permit headaches.
About the Sale
- Seller Motivation
- Relocation
Listing Info
- ID
- 2377799
- Listing Views
- 697
Business Location
Listing ID: 2377799 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.
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