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2 Locations; Mon-fri Breakfast/lunch; $1.1+million Sales And $253,000 Net Profit; Sba Pre-approved RRC#: 3641

San Francisco, California, United States of America
$495,000

Business For Sale Details

Updated on February 21, 2020 at 1:16 pm

  • Property ID: 3641
  • Price: $495,000
  • 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

Description

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

Business For Sale Location:

  • Location: San Francisco, California, United States of America
  • City / County: San Francisco County
  • State / Province: California
  • Country: United States

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