Popular SF East Bay Area Restaurant - Semi-Absentee Owner

Financial Information

  • Asking Price: $1,490,000
  • Gross Revenue: $3,751,915
  • Cash Flow: $426,547
  • Down Payment: ON REQUEST
  • FF&E (Included): $50,000
  • Inventory: $20,000
  • Financing: Yes

Business Location

  • Alameda
  • San Francisco East Bay Area
  • California
Primary Business Category: Restaurants

This restaurant, only serving breakfast and lunch, is a destination eatery and major draw for people in its busy commercial neighborhood and beyond. The long-established business has developed and maintained a large, loyal customer base by serving fresh, local and home-style fare. The owner's willingness to sell this quite profitable regional institution presents an exceptional opportunity for the right buyer. Within a vibrant city in the San Francisco Bay Area, the restaurant enjoys excellent exposure on the primary street of a preferred shopping district, a retail commercial neighborhood that features trendy shops and eateries.


Competition Description

There are several restaurants on its street and numerous in the city, but none in the same category and that is close to this business in terms of perceived quality, customer base and loyalty.


Growth / Expansion overview

This very successful concept could readily be expanded with similar restaurants in the surrounding area. A new owner might also engage in catering lunch to capitalize on the restaurant’s reputation in the area. Expanding hours and menu options to include dinner could also be a profitable possibility. The current owner has chosen not to pursue such opportunities so as to maintain a work/life balance.


Support / Training Comments

Seller will negotiate a transition period


Financing Comments

Seller will consider some financing for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: N/A
  • Part time Employees: 40
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 3,000 sq ft
  • Monthly Rent: N/A

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Business Listed by

Sunbelt San Francisco #1

Contact: Jeff Weinstein
Office Phone: 510-523-0232
Mobile Phone: 510-414-3329
Listing ID: OAKLACA001-N249

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.