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For Sale: Vibrant Brunch Restaurant - Profitable Turnkey - San Francisco Bay Area, California

$197,000.00

Asking Price

  • Status: Active

  • Posting ID: 282067

  • 1/31/24

San Francisco Bay Area Vibrant Brunch Restaurant - Profitable Turnkey Business For Sale
Vibrant Brunch Restaurant - Profitable Turnkey Company For Sale
San Francisco Bay Area Vibrant Brunch Restaurant - Profitable Turnkey Companies For Sale
Buy, Sell A Vibrant Brunch Restaurant - Profitable Turnkey Business
Selling A San Francisco Bay Area Vibrant Brunch Restaurant - Profitable Turnkey

Description

This is a vibrant, profitable breakfast/lunch restaurant in San Jose. It has a new asking price!

Are you ready to walk into a thriving brunch restaurant with a solid reputation in the same location for over 5 decades and take it to the next level of growth and expansion?

This would be the right business opportunity for you.

This busy and bustling restaurant has a proven brunch concept with loyal customers and a strategic location.

Ownership is ready to pass on years of goodwill to the right buyer. Loved by locals, great reputation. Valuable ABC type 41 liquor license included in the sale.

Located in the same prime location in the south bay since the 1970s this iconic

The restaurant provides the buyer with an exciting opportunity to purchase a turnkey successful business opportunity with immediate cash flow. An established and profitable business enterprise with a year-round revenue stream. A loyal diverse customer base. Solid reputation. 4.5 stars Yelp reviews. 2023 annualized sales of over $$750,000.

Current Ownership acquired the Restaurant in 2021. Under the astute and business-savvy stewardship of new ownership sales income rebounded rapidly to $750,00+ in 2023.

The Restaurant is a spacious 1,283sq. ft. with an excellent corner location and easy multiple access for its customers. Tastefully decorated, clean, and well maintained, the Restaurant seats 60 inside and offers a wide menu of delectable breakfast/lunch items along with mimosas, beer, and wine in a very cozy and comfortable environment.

The kitchen is fully loaded with all the necessary equipment that is operational and kept in good and clean condition.

The Restaurant is fully staffed with 8 FT/PT team of experienced and well-trained employees in both the FOH and BOH. Ownership (husband and wife) manages this Restaurant semi-absentee.

Open Mon to Sun, 7:30 am to 2:00 pm

For current Ownership, this is a lifestyle business by choice. Short hours, no dinner service, free afternoons and evenings with the family. “An Owner Operator business model with the Owner choosing to work full time could dramatically reduce the current payroll and increase profits/SDE immediately. Given our rising sales income over the past two years and the tremendous goodwill of this location, there is an enormous potential for a new owner to build sales to a new level. Online ordering and deliveries provide a growing addition to gross sales and net income.” Ownership

The name, concept, and current menu would be included in the transfer of the business to the buyer. This business is 'turn-key' and can seamlessly transition to new Ownership.

The ideal buyer could be a husband-and-wife team/two partners with a hospitality background and experience. Or, a restaurant owner looking to expand quickly for immediate presence and growth in the vibrant and diverse bay area community through the acquisition of an established profitable restaurant. Or, an investor with relevant hospitality management experience looking for a semi-absentee investment opportunity in the breakfast/lunch restaurant space.

Company Overview-

General Information

Organization: LLC

Year Founded:1970’s

Current Ownership- 2021

Employees: 8( FT & PT)

Owners 2 (semi-absentee)

Days Open/Hours: Mon-Sun – 7.30 am to 2 pm

 Reason For Sale: career and family commitments

Financial Information -

 Annual Rev: $756,317

 Monthly Rev: $63,000

 Annual SDE: $100,482

 Monthly SDE: $8,373

 Asking Price: $197,000

Lease Information -

 Sq. Ft. 1,283

 Seats 60 inside

 Rent: $5,286 + NNN per month

 Lease Expiration: 9/2026

 Parking: Abundant

DISCLAIMER: This Information has been provided by the Seller(s). The broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors of this information.

For more information contact: Soo Kong Lim, Business Broker, Tel: 408 828 9784 Email: sookong@interocommercial.com

To get more information about this Vibrant Brunch Restaurant - Profitable Turnkey business for sale in San Francisco Bay Area please phone Soo Kong Lim (Broker - BRE License #:01778443) at 408-828-9784 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282067 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this Vibrant Brunch Restaurant - Profitable Turnkey, to ask any questions or request an appointment to see this business for sale. Thank you. License # 017784483. Intero Real Estate Inc..

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Contact

  1. Name: Soo Kong Lim
  2. phone iconPhone: 408-828-9784

Details

  1. Asking Price: $197,000.00

  2. Down: $197,000.00

  3. Cash Flow: $100,482.00

  4. Revenue:    $756,317.00

  1. Area: San Francisco Bay Area

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & SupportLicense (Liquor, etc.)

My Notes About This Listing

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Related Links & Information Regarding This Posting

Email Soo Kong Lim Below About This Posting


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