This unique opportunity consists of four (4) locations (3 units in Alameda County and 1 unit in San Francisco County) of a well established (40 years), privately owned restaurant chain. The concept is popular priced and appeals to a broad segment of the market. All locations are in the San Francisco Bay area in prime locations. The square footage, number of seats in each unit, yearly sales, yearly profit and yearly rent are as follows respectively: unit one - 3,000 square feet; 40 indoor seats and 25 outdoor seats; $1,842,562 sales, $210,593 profit, $180K rent; unit two - 2,500 square feet, 56 indoor seats and 50 outdoor seats, $2,098,014 sales, $370,499 profit, $97K rent; unit three - 2,300 square feet, 50 seats indoor seats and 48 outdoor seats, $1,755,240 sales, $203,729 profit, $103K rent; and unit four - 2,000 square feet, 70 indoor seats, $1,948,627 sales, $344,686 profit, $60K rent. With 20% down this project will qualify for an 80% SBA loan. Each unit has an open airy feeling with large glass frontages, contemporary design with a combination of wood and tile floors and seating consists of banquette seats and tables and chairs, There are outside seating areas with umbrellas and comfortable seating, and the kitchens are display kitchens with type 1 hoods and fully equipped with grills, fryers, burners, undercounter refrigeration, etc. Each location's decor and equipment have been kept up to date and are in good condition and there are long term leases on each location. A complete marketing package will be available for qualified buyers. NO BROKER COOP.

General Info

  • OrganizationContact For Info
  • Established1978
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleContact For Info

Facilities

  • SeatingSee narrative above
  • Square FeetSee narrative
  • ParkingStreet
  • LicensesABC Type 41 (beer & wine), Health and Business
  • Open HoursContact For Info

Lease

  • RentContact For Info
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$633,333
  • Monthly Cash Flow$94,126
  • Annual Revenue$7,644,443
  • Annual Cash Flow$ 1,129,507
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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