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For Sale: Food Carts With City Street Use Permits - San Francisco

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Current Status: Active     Posting #: 232735     Last Refreshed: 12/11/18    
Contact: Deon (Owner/Seller) At 415-265-1702 Cell , 415-265-1702 Text  -  Also Email This Contact Below
Price:  $75,000     Down:  $75,000     Adjusted Net:  Call / Email     Revenue:  Call / Email    
Business Address:  870 / 801 Market St     City:  San Francisco     Zip:  94132    
Attributes:  Training & Support, For Sale By Owner, Asset Sale     Cooperation With Brokers?  Yes
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For Best Results & Response, Email & Phone This Contact: Deon (Owner/Seller) at 415-265-1702 Cell and 415-265-1702 Text.

  Description About This Posting: Food Carts With City Street Use Permits
Hi. I have two exceptionally good food vending street use permits in San Francisco on Market Street by the Westfield Mall in the Union Square shopping area. Average daily passerby for each location is between 60,000 - 120,000 people. Both are 9x9 ft locations and WITH THE OPTION OF SELLING ANY TYPE OF FOOD that you want. I need to sell both of these permits along with the food cart I use for one of the permits together in one sale. The food cart is already fully permitted by the health and fire department.

These are probably the two best permit locations in the city. I have had these permits for over five years and have not had the resources to develop them to their capacity, so the prospective buyer would have to see their potential. I do know for certain that the hot dog stand next to my first location averages anywhere from $1200 - $3000 / day net from being friendly with her various employees over the past 4 years. I also know for certain of many food cart permits in the financial district making $2-3K a day.

The main reason I am selling them is that honestly it is too much work for me and I am trying to live a more settled life and start raising a family. My aging parents on the east coast need my help in their old age and in return are giving me a large house in exchange for my return or else I wouldn't be selling these.

The first location is at Powell/Market below the cable car turn-around and the second is at the busy, busy corner of 4th & Market in front of Old Navy.
At the first location I currently operate a kettle corn, caramel stand. This location is great because you get all of the tourist business from the tourists waiting for the Powell / Market cable car, the most highly trafficked cable car pick-up spot in San Francisco and are also right next to the Powell / Market BART subway station which is the most highly trafficked station in the entire bay area. You are also right in front of the Westfield Mall, the biggest mall in San Francisco with all of the shoppers and massive seasonal business.

The second location at the corner of 4th & Market is the busiest corner in the entire city. With this comes a hardly used, high quality aluminum food cart with a large griddle, refrigerator and three compartment sink, about $35K worth of equipment along with a honda generator.

This second location gets even better foot traffic than the first location as it is close to the corner, right in front of Old Navy, with the Sony Metreon and Moscone Convention Center right around the corner. This location gets a very, very high and consistent concentrated volume of foot traffic all day long every day of the week.

The hours for the Powell / Market location are Mon-Fri: 9am-7pm, Sat & Sun: 11am-7pm.

The hours for the 4th / Market location are Mon-Sun: 11am-7pm.

These are the "grand-fathered" permits like the old hot dog stands that have been around for over 40 years and are just renewed annually for about $1500 in fees per permit. As long as you abide by all of the health and fire codes and do not get yourself into trouble, these permits should last you for the rest of your life. The city does not grant permits like these anymore, especially in this area. The permitting system has changed and they are now only good for seven years and for only three days per week.

This is a very up and coming area as they are about to open another brand new mall just half a block down from the Powell / Market location and are also drastically expanding the Moscone Convention Center, the largest convention center in San Francisco, around the corner from the 4th / Market location. This convention center regularly gets massive tech conventions like Salesforce with over 200,000 attendees as well as many other regular conventions. So you would basically paying about $35K for the equipment which is all practically brand new and $45K per permit. I feel the price I am asking is very reasonable considering how good the locations are and the ever rising costs of San Francisco real estate.

Also, these locations get the best exposure to all of the street festivals on Market Street throughout the entire year, especially during the Spring and Summer. They also get all of the massive exposure during the Christmas shopping season due to their location in the heart of the retail district.

Let me know if you are interested. PRICE FIRM. Thanks!

To get more information about this Food Carts With City Street Use Permits business for sale in San Francisco please phone Deon (Owner/Seller) at 415-265-1702 Cell and 415-265-1702 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #232735 on BizBen.com. In addition to phoning Deon (Owner/Seller), make sure you email Deon (Owner/Seller) above to get more info about this Food Carts With City Street Use Permits, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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