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Business For Sale

RESTAURANT W/ $150K PROFIT W/ BELOW MARKET LEASE

Attn: Steve Zimmerman
San Francisco, CA, USA
Listing Number: "1110"
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Asking Price: $250,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: other interests
Yearly Revenues: $900,000
Yearly Cash Flow: $150,000
 

Business for Sale Overview:

NEW PRICE REDUCTION - Restaurant With $150,000 Profit With Below Market Lease On One Of The Most Desirable Streets, RRC#: 1110 Location: Very Desirable Street San Francisco, California Offered at: $250,000 Listing Description -- This restaurant is located on one of the most popular streets in the city and it has a constant flow of heavy pedestrian traffic 7 days a week. It has surrounded by Universities, hospitals, a major tourist attraction, a retail area and is in a upscaled residential area. There is a full kitchen, glass frontage, a display kitchen and a combination of tables and chairs and booth seating. Some of the equipment includes: pizza oven, floor mixer, slicer, sinks, refrigerators, freezers, walkin refrigerator, toaster, fryer, grill, 4 burners over oven, ice machine, undercounter refrigerator, coffee maker, cash register, microwave and type 1 hood with fire suppression system, etc. There is lots of upside for increased sales and profits for a hands on owner operator as the current owners work there only 22 hours a week. General Information -- Organization: Sole Proprietorship Year Established: Contact For Info Current Owner: Contact For Info # of Employees: Contact For Info Seating: 75 Square Foot/Size: 2,250 Parking: Street Lic. Required: Business, ABC Type 41 (Beer & Wine) Days Open/Hours: 7 / Breakfast, Lunch & Dinner Reason For Sale: Otjjer interests Financial Information -- Revenue: $75,000 / month Cash Flow: $12,500 / Month Current Inventory: Contact For Info Payroll: Contact For Info Lease Information -- Lease Rent: $9,300 / month Lease Expiration: 4/30/2016 Yearly Adjustment: Fixed increases Lease Option: Not Available Security Deposit: Not Available Financing Information --Down Payment: Contact For Info All Cash:


Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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