Description About This Posting: Hot Dog Restaurant
Hot dog restaurant in the n. Bay: semi-absentee owner
Annual revenue: $322,400
Annual net cash flow: $65,000
Furniture, fixtures & equipment: $25,000 (included in price)
Inventory: $2,000.00 (included in price)
Summary information: here is an excellent opportunity to own a nice simple business in the beautiful wine country and generate enough income to support a decent lifestyle. This is a highly recognized and successful hot dog restaurant brand serving the tastiest dogs in northern california, and it is relatively easy to operate. This is a semi-absentee ownership situation. A new owner who chose to work in the business full time would save considerable labor expense and add significantly to the bottom-line net profit.
Priced at only 1.52 times cash flow, this is an excellent value. A community favorite, this brand has been around for over 4 decades. Not your typical hot dog shop, the owner stresses cleanliness, excellent customer service with a friendly, well-trained staff and nothing but high quality ingredients.
The restaurant is in an updated shopping center with major retailers as anchors. There is plenty of foot traffic from the dense neighborhoods around the center. A wide variety of consumer options, such as banking and gas services, are in the center.
Interested parties must sign an nda & demonstrate relevant quick-service restaurant experience.
Location: san francisco north bay area -- northern california
Facilities: 1,200 sq. Ft. (est.). Existing lease has another 2 years with a 5-year option.
Competition: this business is insulated from competition by virtue of its unique menu, location and goodwill.
Growth and expansion: the foundation for this popular restaurant brand was laid decades ago and this relatively new location is quickly building on that. The business has left the start-up phase and is poised for further growth. A new owner could introduce longer operating hours and expand community involvement by further developing relationships with schools and businesses. Catering, hot dog carts, etc. Might generate some additional profits.
Support/training: negotiable, as needed to facilitate a successful transition to the buyer.
Reason for sale: other business opportunities
Year established: 2015
Employees: 1ft, 3pt
Financing: the seller may provide some financing for a well-qualified buyer with a substantial down payment.
To get more information about this Hot Dog Restaurant business for sale in
North Bay please phone Octavio Tavizon (Broker - BRE License #:01412454) at 510-523-0232 and 415-565-0232 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #245980 on BizBen.com. In addition to phoning
Octavio Tavizon, make sure you email Octavio Tavizon above to get more info about this
Hot Dog Restaurant, 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
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.
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.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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