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Sf Commercial Bakery With Cafe, $1.2m Sales, $145k Profit, $850k Build-out, Price Reduced!

San Francisco, California : Restaurants
Listing #2757

Sf Commercial Bakery With Cafe, $1.2m Sales, $145k Profit, $850k Build-out, Price Reduced! RRC#: 2757 Asking Price: $149,000 Location: San Francisco, San Francisco County, California Yearly Revenue: $1,200,000 Yearly Cash Flow: $144,000 Monthly Rent: 20,766 all inclusive LISTING DESCRIPTION: This 2,591 sq ft bakery and cafe is located in a busy, high traffic center adjacent to major chain retail stores. The premise has seating for 14 inside and 50+ in a dedicated, outdoor patio. The premises is well designed, with business sales including both retail and wholesale, and given the extensively equipped kitchen and storage capacity, increased wholesale and catering would be easily achieved. There are 6 years remaining on the 10 year lease, and CAM charges include water and sewer for the business. The front of house retail area includes several baked goods and refrigerated display cases, a gelato unit, 3 group espresso machine and doser grinder, a double unit airpot coffee brewer, bread slicer, ice machine and under counter fridge. Built out cost was $850K in 2014 with no expenses sparred, and the extremely well equipped kitchen is designed for large volume and production, with ample refrigeration and dry goods storage. This includes a rotating Revent oven, self contained conveyor oven, large walk-in freezer and walk-in cooler, dough divider unit, 40 qt dough mixer, 20 qt and 40 qt Hobart mixers, 5 qt mixer, dough sheeter, stock pot burner, 20 sheet pan roll racks, butcher block prep tables, and extensive wire rack shelving units. There is a separate prep production area for cafe retail take out orders that includes two pizza prep. units, 2-door under counter fridge, 3-compartment sink, a prep sink and hand sinks. The $145K cash flow is based on the 2016 $94K net income, wages for the 15 hr. per week semi hands on owner, and a buyer replacing the $42K annual salary and payroll expenses for the 40 hr. per week manager. No need to spend $850K to build a bakery cafe from the ground up or purchase an existing business or location with limited capacity. There is significant value in the extensive equipment, superbly built infrastructure and excellent high traffic location. This is an excellent opportunity for any buyer or partnership, and for existing operators looking to expand and relocate their operation. The sales and profit upside for wholesale and catering sales is immense. The business name is not inlcluded in the sale. GENERAL INFORMATION: Organization: LLC | Year Established: 2003 | Current Owner: 2003 | Seating: 15 inside, 55 outside | Square Footage: 2,591 | Parking: Parking lot | Licenses Required: Business, Health Dept. | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,200,000 | Yearly Cash Flow: $144,000 | LEASE INFORMATION: Monthly Rent: 20,766 all inclusive | Lease Expiration: Aug, 2023 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: None |

Asking Price:

$149,000

Gross Income:

$1,200,000

(last 12 months)
Cash Flow:

$144,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Sf Commercial Bakery With Cafe, $1.2m Sales, $145k Profit, $850k Build-out, Price Reduced!

RRC#: 2757
Asking Price: $149,000
Location: San Francisco, San Francisco County, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: $144,000
Monthly Rent: 20,766 all inclusive

LISTING DESCRIPTION:
This 2,591 sq ft bakery and cafe is located in a busy, high traffic center adjacent to major chain retail stores. The premise has seating for 14 inside and 50+ in a dedicated, outdoor patio. The premises is well designed, with business sales including both retail and wholesale, and given the extensively equipped kitchen and storage capacity, increased wholesale and catering would be easily achieved. There are 6 years remaining on the 10 year lease, and CAM charges include water and sewer for the business. The front of house retail area includes several baked goods and refrigerated display cases, a gelato unit, 3 group espresso machine and doser grinder, a double unit airpot coffee brewer, bread slicer, ice machine and under counter fridge. Built out cost was $850K in 2014 with no expenses sparred, and the extremely well equipped kitchen is designed for large volume and production, with ample refrigeration and dry goods storage. This includes a rotating Revent oven, self contained conveyor oven, large walk-in freezer and walk-in cooler, dough divider unit, 40 qt dough mixer, 20 qt and 40 qt Hobart mixers, 5 qt mixer, dough sheeter, stock pot burner, 20 sheet pan roll racks, butcher block prep tables, and extensive wire rack shelving units. There is a separate prep production area for cafe retail take out orders that includes two pizza prep. units, 2-door under counter fridge, 3-compartment sink, a prep sink and hand sinks. The $145K cash flow is based on the 2016 $94K net income, wages for the 15 hr. per week semi hands on owner, and a buyer replacing the $42K annual salary and payroll expenses for the 40 hr. per week manager. No need to spend $850K to build a bakery cafe from the ground up or purchase an existing business or location with limited capacity. There is significant value in the extensive equipment, superbly built infrastructure and excellent high traffic location. This is an excellent opportunity for any buyer or partnership, and for existing operators looking to expand and relocate their operation. The sales and profit upside for wholesale and catering sales is immense. The business name is not inlcluded in the sale.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2003 | Current Owner: 2003 | Seating: 15 inside, 55 outside | Square Footage: 2,591 | Parking: Parking lot | Licenses Required: Business, Health Dept. | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,200,000 | Yearly Cash Flow: $144,000 |

LEASE INFORMATION:
Monthly Rent: 20,766 all inclusive | Lease Expiration: Aug, 2023 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: None |


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