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Businesses For Sale > Business For Sale in San Francisco East Bay Area, California (CA)

New Cafe, Drastic Price Reduction! for sale in San Francisco East Bay Area, CA

San Francisco East Bay Area, California (CA)

Asking Price: Gross: Cash Flow:
$ 59,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$ 175,000 (included in the asking price)

Inventory Value:
(included in the asking price)

Business Summary:
This is likely one of the best restaurant deals you will find anywhere in the San Francisco Bay Area. Because of a partnership split-up, this business is being offered for sale at what will be a huge loss for the current owners. Beautiful, professionally designed café with top-quality finishes and furnishings, high ceilings and additional outdoor seating, offers an open, relaxed but efficient atmosphere for the lunch crowd. Its high-visibility location on a busy boulevard is within an expanding, internationally-themed, retail center, next to an established business park and a small university branch, and is near a major hotel. The 1750 sq ft café seats approximately 40 indoors, plus 12 outdoors. Upstairs used for office and storage. Nearly- new fixtures and equipment include top-of-the-line stainless steel appliances, like the premium-grade espresso machine, Hoshizaki ice machine, 2 Door Refrigerator, 2 Door Freezer, 4 burner stove, side grill, fryer, 3 compartment sink, Panini sandwich press, soup warmers, meat slicer as well as polished granite countertops and floor and a top-quality sound system to accommodate live music, if desired. In the few months that this café operated sales continued to grow on a monthly basis. This is an outstanding opportunity for a new owner- operator to acquire facilities, improvements and nearly- new, high-end commercial equipment at a fraction of their cost. The café operations were limited to lunch and afternoon service with premium coffees, teas, gourmet sandwiches, salads and baked goods. Revenues could be easily expanded by adding dinner and breakfast service, as well as by acquiring an alcohol license. While the restaurant’s current Asia-America fusion café concept seemed to be succeeding quite well, the facilities design and equipment offer enough flexibility so that a new owner could cost-effectively change to another concept. Partnership dissolution and relocation have created the need for an immediate sale, so they will sacrifice, taking a loss on the $400,000+ tenant improvements and equipment.

 

   
Year Business was Established: 2009
   
Number of Employees: 3 Part Time  
   
Facilities / Terms of Lease: 1,750 sq. ft. building  
   
Owner willing to finance: Seller will negotiate financing  
   
Owner willing to train: Seller will provide training  
   
Reason for selling: Parnership Dissolution  
   
Seller Reference Number: N56-HT
BusinessMart.com Listing Number: 70329
 

 

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For more info contact:

Phillip Holt, DRE #01731143

Sunbelt San Francisco/Oakland
510-523-0232

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