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For Sale Restaurant In San Francisco, California

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Contact: Jeffrey Ota at 415-272-5061, 415-272-5061 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 248941
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Key Words: cafe, san francisco
Financial Info: Price: $350,000. Down: $350,000. Adjusted Net: Call / Email. Annual Revenues: $456,000. Rent: $9,083, lease until 2021 plus 5 years option.
Profile: Asking Price: $350,000
Location: San Francisco, SF County, CA
Yearly Revenues: $456,000 (estimated)
Yearly Cash Flow: contact for info

Listing Description:
This restaurant is located on major street in Soma / Financial District in SF with very high traffic count. This is a great opportunity for nearly any menu or concept, whether for buyers with a start up business, or existing operators looking to extend. This is almost corner location with great street visibility. 16' hood, gas convection oven, 4-gas burners, fryer, grill, 2 of sandwich table with 2-door-fridge, 2 of warner table, walk-in-cooler, 1-door cooler, 1-top-door freezer, 2-door fridge, 3-compartment-sink, hand-sink, prep-sink, hand-sink.

General Information:
Organization: LLC | Year Established: might be 1988 | Current Owner: 2017 | Seating: 46 inside, 4 outside | Square Footage: 1,000 sq. ft. (dining area), 1,200 sq. ft. (basement) | Parking: street | License: business, health | Days Open/Hours: 6 days from 11am - 8pm, closed on Sunday | Reason For Sale: other investment |

Financial Statement:
Yearly Revenues: $456,000

Lease Information:
Monthly Rent: $9,083.49 | Lease Expiration: 2021 | Lease Option: 5 years |

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Russell Logan at 703-786-8783, 703-786-8783 (Cell)   Log In To Message/Email This Contributor
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
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Contributor: Spencer Siegel at 925-701-8064 X315   Log In To Message/Email This Contributor
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
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Contributor: Joe Ranieri, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: buying a business, due diligence
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Contributor: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 2   Topics: buying a business, due diligence
Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
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