Business Overview

Southeast Asian restaurant for sale in the heart of San Francisco that specializes in Fusion Hotpot, traditional fried rice and noodles. They have carefully handcrafted a variety of soup bases using fresh and traditional ingredients that will leave you longing for more. Approximately 1300 sq ft with shared common area for dining in and shared restroom. Lease amount is $5000 all inclusive. Located inside the four-story vertical shopping and entertainment located in the heart of downtown San Francisco in the thriving Yerba Buena Neighborhood. Shop the City Target on the second level and a 16-screen AMC Theater; offering the largest IMAX in North America. Dine inside and out at twenty restaurants and eateries, with everything from Japanese, Italian, Korean, American, Vietnamese, and a variety of other snack shops. It is a great place to grab a meal with the family and enjoy a movie or one of the many cultural events in the neighborhood.

Financial

  • Asking Price: $90,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,300
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Can convert

Purpose For Selling:

has other interest

Additional Info

The business has 4 employees and resides in a building with approx. square footage of 1,300 sq ft.
The property is leased by the company for $5,000 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell companies. Nevertheless, the true reason vs the one they tell you might be 2 absolutely different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be excuses to attempt to hide the reality of transforming demographics, increased competition, recent decrease in earnings, or a variety of various other reasons. This is why it is really vital that you not count entirely on a vendor's word, yet rather, use the vendor's answer along with your overall due diligence. This will paint a much more reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money in order to cover points such as inventory, payroll, accounts payable, so on and so forth. Remember that sometimes this can indicate that earnings margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that have to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location draw in new clients? Many times, companies have repeat consumers, which develop the core of their daily profits. Certain aspects such as brand-new competitors growing up around the area, road construction, as well as staff turnover can impact repeat consumers and negatively affect future profits. One essential thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to construct a returning client base. A final idea is the basic area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? How might the local mean home earnings impact future revenue potential?