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San Francisco, San Francisco County, California
Cafe Deli Restaurant - Good Area
Asking Price
$495,000
Revenue
$800,000
Down
Call/Email
Cash Flow
Call/Email
Description
The current owner has operated the restaurant successfully for an impressive 20 years and is now looking to retire. Throughout its operation, the restaurant has built a loyal customer base, with an active message count of 17, indicating a steady influx of patrons.
Potential buyers will find the premises a must-see, offering room for growth and innovation. The business currently operates from Monday to Saturday, between 8 am and 5 pm, presenting an opportunity to extend operating hours for increased income.
The lease terms are favorable, with a 10-year agreement in place that can be extended every three years, ensuring the restaurant's continuity in its current location. The seller claims the net annual income to be approximately $180,000, with manageable monthly expenses, including an $8,000 payroll and other expenses of $2,000.
The asking price for this established Cafe Deli Restaurant is $495,000 - a prime investment for those looking to make their mark in the restaurant and food industry. The seller has committed to providing training and support to the new owner, ensuring a smooth transition.
For further details about this opportunity, please contact the broker
Business Details
Year Established:
1990
Reason for sale:
Retiring
Support & Training:
Yes
Property Information
Lease Terms:
10 years , It can be extended every 3 years.
Premises Details:
You must see.
Lease & Tenant Information
Lease Options:
$2,500
Posting Information
Posting ID:
269822
Business Category:
Restaurants & Food
Business Types:
Cafe, Cafeteria
Sandwich, Subs, Deli Shop
Deli
Keywords:
cafe
deli
sandwich
san mateo
san francisco
bay area
california
Attributes:
Semi Absentee Run
Training And Support
Non-Disclosure Agreement
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Posting Title
Cafe Deli Restaurant - Good Area
Posting ID
#269822
Full Name (Required)
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NDA Signed Successfully!
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Agent, Broker or Seller Contact
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