Description About This Posting: Poke Restaurant Franchise
Join the counter service restaurant where customers create their own version of poke bowls.
This newly open (franchise) restaurant did over $600,000. in gross sales the first year and is projected to reach the 1 million mark.
The current rent is only $5100. for approximately 1200 square feet premise. The lease term expires in 2024 with increases of only around $165. per year. One, five-year option is offered.
The current staff consists of 4 full time and 6 part time employees with a monthly payroll around $10,000.
Average month sales are around $50,000. with the business open 7 days a week.
Current owner has committed to another brand-new build out closer to where he lives which is the reason for the sale.
This location is near the Hwy. 680/24 interchange, surrounded by many business and restaurants downtown.
This business will not qualify for an SBA loan (yet) as it has only 1 year of tax returns to date (2018).
For the name and address a non-disclosure/confidentiality agreement needs to be completed by each prospective buyer available by request thru this web site before calling the listing agent please.
To see financials, we will need a personal financial summary from each prospective buyer.
DISCLAIMER: The information has been supplied to the Broker by Seller. Broker expressly disclaims any and all liability for representations of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes the information to be correct, but has not verified or checked it. Any agreement or decision by buyer to pursue a transaction regarding this business should be based on further investigation by the buyer.
To get more information about this Poke Restaurant Franchise business for sale in
San Francisco East Bay Area please phone John Irvine (Agent - BRE License #:00988287) at 925-945-8175 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254680 on BizBen.com. In addition to phoning
John Irvine, make sure you email John Irvine above to get more info about this
Poke Restaurant Franchise, 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.
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.
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.
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.
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.
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.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
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.
In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 925-785-3118) 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.
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!
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.
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.
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 purchasing have good Karma? See Jeff's insights into this topic on restaurant karma.
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 925-785-3118 covers this topic for buyers.
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 925-785-3118) reviews this topic.