Description About This Posting: Iconic Restaurant And Deli
Very Profitable, Iconic Restaurant/Deli Valuable Real Estate Optional
Asking Price: $2,600,000
Annual Gross Revenue: $4,437,000
Annual Net Cash Flow: $752,863
Furniture, Fixtures & Equipment: $510,562
Inventory: $50,000 (not included in the price)
This long-established and very popular restaurant and delicatessen in a celebrated location is being offered for sale as a very profitable, on-going business. The fully-staffed, well-trained team serves breakfast, lunch and dinner daily as well as preparing and offering traditional delicacies. Utilizing locally-grown and seasonal ingredients, the Owners/Sellers have made this very well-known establishment a destination for reliable, comfortable dining and for picking-up special delicatessen food items. The outstanding food and service and its location in this famous restaurant area, has long commanded a large, loyal following.
Location: San Francisco East Bay Area
Facilities: This large 4,200 sq. ft. restaurant with its 100+ seating capacity, is attractively decorated, has booths as well as table seating, and has outstanding exposure on a busy street with ample neighborhood parking. Sellers may consider selling the building to a buyer of the business.
Competition: There are several restaurants in this well-known restaurant district, but none that compete directly with the Sellers's restaurant/deli.
Growth: In addition to the continued expansion from growth in the region and customers' word-of-mouth promotion, a new owner could quickly increase revenues with catering, delivery, a satellite operation, or branding and wholesaling their existing products at major food outlets.
Support: Sellers will provide training and introductions to help ensure a successful, profitable transition.
Reason: Sellers are retiring.
Established: The restaurant/deli was established in the 1970s and soon developed a strong customer following. It was acquired by Sellers in 1986.
Employees: This business has 24 full-time and 32 part-time employees.
Financing: Sellers may provide some financing for a well-qualified buyer with a substantial down payment.
Broker: Sunbelt Business Sales & Acquisitions
Agent: Jeff Weinstein DRE #02061876
To get more information about this Iconic Restaurant And Deli business for sale in
Alameda County please phone Jeff Weinstein (Broker - BRE License #:02061876) 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 #251325 on BizBen.com. In addition to phoning
Jeff Weinstein, make sure you email Jeff Weinstein above to get more info about this
Iconic Restaurant And Deli, 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.
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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.
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