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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Soma Breakfast - Lunch Catering Cafe

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $372000
Net Profit / Cash Flow  $60000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Soma Breakfast-lunch Catering Cafe- $365k Sales-$60k Cash Flow- High Density Foot Traffic RRC#: 2107 Asking Price: $160,000 Location: San Francisco, San Francisco, California Yearly Revenue: $372,000 Yearly Cash Flow: 60,000 min Monthly Rent: $4,663 all inclusive The business caters to the high density workforce, local residents and nearby hotel guests, has ample street parking, and all within easy walking distance. In addition to the walk-in breakfast and lunch customers, the operation does a significant amount of catering to a repeat clientele. The interior has a good sized seating area with self serve counter, an order and pick up counter with 3-terminal POS system. Behind counter equipment features a 3-group espresso machine & grinder, double air pot coffee brewer, multiple airpot warmers, smoothy blender, panini grill, convection toaster oven, citrus juicer, 3- commercial microwaves, induction burner, waffle baker and soup warmers. Larger equipment includes a 1-door and 3-door sandwich prep. fridges, pastry display case, ice machine and stainless work tables. The prep kitchen has a 2-door sandwich prep., 3-door reach-in fridge and 3-door reach-in freezer, convection oven, slicer, 3-compartment sink, prep shins and hand sinks. The premises is well designed, is wheelchair accessible, and has an ADA restroom. Although the business has strong sales and profit, there is a definite upside to increase these by expanding hours into the late afternoon or evening, and with additional catering. This business is efficient and well run, and is easily operated by a hands on owner with minimal staff. The all inclusive rent of $4,663 includes the current $4,161 base rent, and $522 NNN for taxes and insurance. The Lease has a 5 year option with no base rent increase for year one, $4,244 in years two & three, and $4,329 in years four & five. GENERAL INFORMATION: Organization: LLC | Year Established: 2011 | Current Owner: 2011

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