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
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.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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.
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.
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.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
This informative 40 minute interview/webinar about buying & selling restaurants in San Francisco with restaurant broker specialist Cheryl Maloney is a real eye opener for restaurant buyers and sellers. Cheryl gives great advice to both buyers and sellers from her years of experience in the industry.
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.
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 866-270-6278) reviews this topic.
Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 866-270-6278 covers this topic for buyers.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 866-270-6278) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.
Jeff Back (925-736-8200), a SF Bay Area broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale. Do the restaurants you're thinking of puchasing have a good Karma. See Jeff's insights into this topic on restaurant karma.
When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 866-270-6278 covers this topic on financing a business purchase.