* Included in Asking Price
Restaurant + Coffee Operation $1.3 Million + Sales $156,000 Profit 2015 Sales - $1.8 Million
Asking Price: $495,000
Location: San Francisco, San Francisco County, California
Yearly Revenue: $1,316,004
Yearly Cash Flow: $156,936
Monthly Rent: $8,648
This restaurant and coffee operation is in one of the most desirable and growing areas in the city. The operation is only open for breakfast and lunch daily and there is upside for dinner nightly. and expanded food service operations as the owners are not experienced restaurant operators. Approximately one third of the sales are coffee sales and there is a separate coffee operation within the dining area. Additionally there is an inside dining room, kitchen, prep area and outdoor seating area which has its owns food service facility. Although there is no hood system in the kitchen there is an air shaft where a duct system could be installed. Some of the equipment includes as follows: audio video system, ice machine, 3 hand sinks, 3 compartment sink + rinse hose, 2 utility sinks, 2 under counter refrigerators + 2 drawer under counter refrigerators + sandwich station, 2 - 1 door under counter refrigerators (1 with sandwich station), 2 door under counter refrigerator + sandwich station, microwave, soup warmer, food warmer, 2 unit pannini press, rotary toaster, pizza oven, smoker, convection oven, juicer, 2 - 2 door under counter refrigerators, 3 door under counter refrigerator, 3 full door glass refrigerator, floor model mixer, 2 full door refrigerator, 4 beer taps, 4 group espresso machine, 4 coffee grinders, 3 door glass under counter refrigerator, hot water system, POS system, and 6'' display case, etc. There is also an office area and storage areas. If the buyer wants to keep the coffee operation and name in tact there will be a monthly charge of $1500 for the company to oversee this operation as this is part of a small chain of coffee operations. A long term lease can be negotiated with reasonable terms and conditions.
Organization: LLC | Seating: 89 + 30 outside seats | Square Footage: 2,495 + outdoor seating area | Parking: Street | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 7 / M-F 7a-5p SA, S 8a-5p | Reason For Sale: Other Interests |
Yearly Revenues: $1,316,004 | Yearly Cash Flow: $156,936 |
Monthly Rent: $8,648 | Lease Expiration: 9/30/2019 | Yearly Adjustment: Fixed increases | Lease Option: Negotiable |
Seller Reference #2475
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