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Established 4 Unit Sf Bay Area Chain $7.6 Million Sales $1.1+ Million

Alameda County, CA

Established 4 Unit Sf Bay Area Chain $7.6 Million Sales $1.1+ Million
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Asking Price: $3,600,000

Cash Flow: $1,129,512

Gross Revenue: $7,599,996

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established 4 Unit Sf Bay Area Chain $7.6 Million Sales $1.1+ Million

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Business Description

Established 4 Unit Sf Bay Area Chain $7.6 Million Sales $1.1+ Million Profit Sba Loan Approved

RRC#: 3089
Asking Price: $3,600,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $7,599,996
Yearly Cash Flow: $1,129,512
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
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 INFORMATION:
Organization: Corporation | Year Established: 1978 | Seating: See narrative above | Square Footage: See narrative above | Parking: Street | Licenses Required: ABC Type 41 (beer & wine), Health and Business | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $7,599,996 | Yearly Cash Flow: $1,129,512 |

Detailed Information

Location:
Alameda County, CA
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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