Description About This Posting: Established 4 Unit Restaurant Chain
Established 4 Unit Sf Bay Area Chain $7.6 Million Sales $1.1+ Million Profit Sba Loan Approved
Asking Price: $3,600,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $7,599,996
Yearly Cash Flow: $1,129,512
Monthly Rent: Contact For Info
This unique opportunity consists of four (4) locations (3 units in Alameda County and 1 unit in San Francisco County) of a well established (40 years), privately owned restaurant chain. The concept is popular priced and appeals to a broad segment of the market. All locations are in the San Francisco Bay area in prime locations. The square footage, number of seats in each unit, yearly sales, yearly profit and yearly rent are as follows respectively: unit one - 3,000 square feet 40 indoor seats and 25 outdoor seats $1,842,562 sales, $210,593 profit, $180K rent unit two - 2,500 square feet, 56 indoor seats and 50 outdoor seats, $2,098,014 sales, $370,499 profit, $97K rent unit three - 2,300 square feet, 50 seats indoor seats and 48 outdoor seats, $1,755,240 sales, $203,729 profit, $103K rent and unit four - 2,000 square feet, 70 indoor seats, $1,948,627 sales, $344,686 profit, $60K rent. With 20% down this project will qualify for an 80% SBA loan. Each unit has an open airy feeling with large glass frontages, contemporary design with a combination of wood and tile floors and seating consists of banquette seats and tables and chairs, There are outside seating areas with umbrellas and comfortable seating, and the kitchens are display kitchens with type 1 hoods and fully equipped with grills, fryers, burners, undercounter refrigeration, etc. Each location''s decor and equipment have been kept up to date and are in good condition and there are long term leases on each location. A complete marketing package will be available for qualified buyers. NO BROKER COOP.
Organization: Corporation | Year Established: 1978 | Seating: See narrative above | Square Footage: See narrative above | Parking: Street | Licenses Required: ABC Type 41 (beer & wine), Health and Business | Reason For Sale: Other Interests |
To get more information about this Established 4 Unit Restaurant Chain business for sale in
Alameda County, SF Bay Area please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #245917 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Established 4 Unit Restaurant Chain, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
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Jim Saxton - 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. 925-787-0770.
People always need to eat; there should be plenty of business. Some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program at 925-785-3118) reviews this topic.
What you will read in this BizBen blog post you will probably not find in any manual or set of instructions provided by the ABC (liquor licenses in California). This blog post by Jeff Back (SF Bay Area Restaurant Broker Specialist) at 925-736-8200 discusses this topic of liquor licenses in detail.