Neighborhood Restaurant & BiergartenBroadway - Oak Park - SacramentoOAKHAUS / German or Conversion

Here’s your opportunity to own a basically new restaurant in the re-energized and gentrifying community of Oak Park. Oakhaus is one of two restaurant tenants located within the award winning Broadway Triangle mixed used development which opened in 2016. This $13M urban infill project is located between the 34th and 36th blocks of Broadway, and is comprised of three commercial mixed use buildings with about 7,000 sf of retail space and 43,000+/- sf of residential homes and loft apartments. One of the goals of the development is to re-establish a pedestrian environment,and in keeping with this theme, the restaurant features outdoor patios that encompasses a city alley and seat approximately 80-100 people. During the restaurant’s business hours, the patio is enclosed to allow for alcohol service, and the gate is opened for alley access while the restaurant is closed. Patio seating includes a combination of bench-style tables and custom made fire-pit tables. Neighboring food & beverage options which reflect the new direction of Oak Park include La Venadita (elevated taqueria), Arthur Henry’s Supper Club & Ruby Room (speakeasy steakhouse with craft cocktails and entertainment), Old Soul (coffeehouse), and Vibe Health Bar featuring Liquidology Cold Pressed Juices. Retail businesses in the immediate area include The Brickhouse Gallery & Art Complex, Miel Apothecary, Strapping Store, and RIRE (gift and apparel boutiques), and Nectar (handcrafted jewelry). Oakhaus can be described as a “modern beer hall” featuring German cuisine. The restaurant has developed many appreciative fans since opening, but the German menu and concept as currently presented has a fairly narrow focus and has not capitalized on the multi-cultural demographic of the neighborhood. However, all of the expensive improvements are in place to be utilized for the next owner’s vision. In addition to the sparkling Exhibition Kitchen with an-sul hood (14 ft) with Vulcan line equipment and walk-in refrigerator, the equipment package includes Alto Shaam rotisserie oven, cook & hold oven and steam table, top of the line Perlick bar refrigeration with 14 taps, and much more! This restau-rant is about as “turn key” as you could ever find, and the list of suitable concepts is practically endless. Craft Beer will likely be a focus, but the menu could include Burgers, American Comfort Food (along the lines of Bandera), Southern/BBQ, or even Italian. Casual atmosphere with moderate pricing would likely be a good fit for this neighborhood location. The restaurant has mulitple owners, each of which are involved in other businesses. None are able to focus on Oakhaus as their primary oc-cupation, and they all recognize that changes are necessary in order for the restaurant to achieve its potential. Their loss is an outstanding value and opportunity for the next owner, but don’t wait on this one. The 1st reasonable offer will accepted.

THIS INFORMATION IS CONFIDENTIAL AND NOT VERIFIED BY BROKER

restx.comPHONEFAX

916-482-7979916-482-7799

725 30th St. Suite 202Sacramento, CA 95816

Offered at: Location: RX Ref. $129,000 3413 BroadwaySacramento, CA 95817 4035112

THIS INFORMATION IS CONFIDENTIAL AND NOT VERIFIED BY BROKER

restx.comPHONEFAX

916-482-7979916-482-7799

725 30th St Ste 202Sacramento, CA 95816

Do not discuss sale with anyone. Tours are by Appointment Only, please contact Broker.

Location & LeaseRestaurant is located in the “Triangle” district of Oak Park which is an historic neighborhood of Sacramento experiencing gentrification. The end-cap restaurant is in the Broadway Triangle mixed-use develop-ment which faces Broadway - a busy cross town throughway. Ground level retail with 29 residential units on 2nd level. Close proximity to UC Davis Med Center and McGeorge Law School.

Space: Approx 2,657sfOccupancy: Maximum Occupancy 93 inside including 11 at the barOutdoor Patio capacity of 80 -100 +/- Rent: Base $4,516 ($1.70sf ) + CAM/NNN $1,089 ($.41sf, Unadjusted) = Total Rent $5,606/month +/-. Fixed Annual increases of .05 per sf Base + .01 per sf NNN.Lease: Jan 31, 2022 + two 5-year options with scheduled rentDeposit: Currently None (may be required for Lease Assignment)

Demographics for Oak Park (95817): Population: 14,117 (2016)Average Household Income: $70,313 in surrounding blocks and, $39,764 in 95817 Zip Code overall (2016)

OfferingPrice: $129,000 + Inventory $5,000 - $10,000 (optional) Includes: Furniture & Equipment, Goodwill, Name, Phone Number, Social Media Pages, Menu & Recipes, ABC License #576027, and Training 2 weeks @ 40 hrs. Non-Compete Covenant is negotiable and excludes other restaurants owned by current owners. Excludes: Autochlor Dishwasher is leased. Decor is excluded (negotiable).Contracts: Lavu POS (equipment is owned with subscription of $247/month), Armark Linen Service, Garbage, Alarm, Surveillance.

OperationsHours: Mon 4pm - 9pm, Closed Tue, Wed 4pm - 9pm, Thur 4pm - 9pm, Fri 4pm -10pm, Sat 10am -10pm, Sun 10am -4pm. Lease allows 7am - 11pm Mon - Thurs and 7am - 12am weekends. Staffing: Mostly Absentee Ownership with 2 FT & 9 PT employees Equipment: Full Kitchen with 14 ft Hood w/Ansul, Walk-In Refrigerator, and in-ground Greasetrap. Kitchen Equipment includes two Convection Ovens, 6 Burner Gas Stove with Oven, Char Grill, Flat top Grill, 1 Double Basket Fryer, Refrigerated Prep Table, Alto-Shaam Rotisserie, Holding Oven, Steam Table, Ice Machine, Slicer, Stand Mixer, Proofing cabinet, cooling racks, bar refrigeration, 14 Tap Kegerators, Lavu POS with 3 terminals and 4 printers, Surveillance System & more! See FF&E List for full details. ABC ABC: Type 41 Beer & Wine License