San Francisco, California, United States of America
Business For Sale Details
Updated on February 21, 2020 at 1:16 pm
Property ID: 3641
Type: Restaurants, Food & Beverage
Status: Business For Sale
Revenue (Annual): $1,000,001-$2,000,000
Cash Flow (Annual): $250,001-$500,0000
Rent: 2 location. See description
Lease Expiration: 2 location. See description
Year Established: 2016
Reason For Sale: Other Interests
Revenue (Yearly): $1,175,135
Cash Flow (Yearly): $253,663
Days/Hours of Operation: 7am - 5pm Monday through Friday
Parking: Parking lot and street
Licenses: Beer and Wine, Business, Health
Lease Options: 5 year option
2 Locations; Mon-fri Breakfast/lunch; $1.1+million Sales And $253,000 Net Profit; Sba Pre-approved RRC#: 3641
Asking Price: Offered At $495000 Location: San Francisco County Annual Revenue: $1,175,135 Annual Cash Flow: $253,663 Monthly Rent: See Description
Listing Description: Two café/restaurants for sale in the Embarcadero/Financial District area of San Francisco. (The two locations are being sold as a package.) Both locations are open Monday-Friday from 7:00 a.m. – 5:00 p.m., and do brisk coffee, breakfast, and lunch sales. Both locations are set up with a La Marzocco espresso machine.
Both locations have a small footprint and low rent. The larger of the two locations is used as a food preparation/commissary kitchen for both spaces, and features a large display of prepared foods. The smaller of the two locations is an established spot for efficiently grabbing coffee, breakfast and lunch to go.
Both locations are surrounded by office buildings which provide a captive audience. There is a significant opportunity to build catering sales.
If a well-qualified buyer secured longer-term extensions to the lease, this listing would qualify for SBA loan approval.
Location one is 1205 sqft, rent is $2088 and the lease expires in 2023 with a 5 year option. Location two is 500 sqft, rent is 2916 and the lease expires 2022 and a option can be negotiated.
General Information: Established: 2016 Current Owner: Contact For Info Employees: Contact For Info Reason For Sale: Other Interests
Financial Information: Monthly Revenue: $97,927 Monthly Cash Flow: $21,138 Annual Revenue: $1,175,135 Annual Cash Flow: $253,663 Payroll: Contact For Info