Description About This Posting: Established 4 Unit Restaurant Chain
Established 4 Unit SF Bay Area Chain; $1.8+ Million Sales; $516,000+ Profit
Asking Price: Offered At $989,000
Location: San Francisco County
Annual Revenue: $1,835,470
Annual Cash Flow: $516,597
Monthly Rent: See narrative above
Profitable, popular, on-trend multi-unit concept with high critic reviews. This unique opportunity consists of 4 privately owned sushi restaurants; 3 located in San Francisco, and 1 in Alameda county. All of the restaurants are situated in prime locations, and feature compact spaces with seating options ranging from cozy tables to casual seats at the bar. Each unit has a recent buildout with contemporary design. Currently, each restaurant is operating for only a limited number of hours. There is a great opportunity to increase revenue by expanding the hours of operation. The 4th location opened at the end of 2018, so the current sales and profit reflect its newness. Sales and revenue are expected to increase as the 4th location matures. The square footage, number of seats in each unit and yearly rent are as follows respectively: Location 1 is 1400 square feet, monthly rent is $4867, seating for 32 and open from 6p-10pm Wednesday through Sunday. Location 2 is 900 square feet, monthly rent is $2897, 14 bar seats and open from 6pm 10pm Wednesday through Sunday, this location has a new type 1 hood. Location 3 is 900 square feet, monthly rent is $1643, seating for 14 and is open for lunch service only 3 days a week from 11am-2pm. Location 4 is 1100 square feet, monthly rent is $2500, seating for 30 open for dinner only three days a week from 6pm-10pm. This location has a type 1 hood. Each location's decor and equipment have been kept up to date and are in good condition. A complete marketing package will be available for qualified buyers. NO BROKER COOP.
Organization: Contact For Info
Current Owner: 2012
Employees: Contact For Info
Reason For Sale: Contact For Info
To get more information about this Established 4 Unit Restaurant Chain business for sale in
San Francisco please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #251870 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Established 4 Unit Restaurant Chain, 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
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.
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.
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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.
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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