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Asset Sale, San Francisco Location, Ready For New Concept For Sale

San Francisco, California, US
Asking Price:
$49,000
Sales Revenue:
$653,000
Cash Flow:
Available on request

Year Established: 12 years

Under Current Owner: 12 years

Organization Type: N/A

Services/Products: Retail sales, food, non-production, no hood

FFE: Undercounter fridge, 3-door freezer, 3-compartment sink, safe, mop sink, display case, counters, shelving

Client Composition: 100% Retail

Lease: 675 SF, 5/31/2027 expiration, assignable, rent $4,880, security $5,600, great high-foot traffic location

Personnel: Buyer to provide

Financial Demographics: Median income: $136,689, 59.8% with bachelor’s or higher

Housing: 414,581 units, median price $1,348,700, with 2,044 building permits, median gross rents $2,3156/mo. (2022)

675 square foot retail food location with infrastructure in prime location with neighboring restaurants on a busy intersection near local transit with street parking available.

Great footprint for coffee, tea, bubble tea, cookies, or other food-related retail product lines.

Bring a new concept or expand brand presence of an existing business.

AS-IS Asset sale only, cash; no terms available. Only buyers with plans ready to execute and verifiable funds will be considered. landlord is cooperative and prepared for next steps.

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Business Operation

Reasons for selling:

Relocation

Employees:
Full Time: 5