Taqueria On Mission Street San Francisco For Sale

Business description

Taqueria On Mission Street - $49,000 Down - $80,000 Yearly Profit

RRC#: 1682
Asking Price: $99,000
Location: Busy Mission Street, San Francisco, California
Yearly Revenue: $540,000
Yearly Cash Flow: $81,600
Monthly Rent: $4,500

LISTING DESCRIPTION:
A long established taqueria in a busy Mission Street shopping area with Seller financing. WITH $49,000 CASH DOWN THE SELLER WILL CARRY BACK $50,000 IN SELLER FINANCING. The building design has a distinct taqueria design and is very visible. It has open airy dining room with tables and chairs, high ceilings, tile floors, and a display kitchen. Some of the equipment includes as follows: 7' and 10' type 1 hoods with fire suppression systems, 2 hand sinks, 5 compartment steamtable, 5' ice display unit, 6' flat grill, 3' chargrill, 2 microwaves, 2 compartment sink, utility sink, stock pot burner, 4 burners, 6 burners, double basket fryer, slicer, 2 compartment sink with rinse hose, ice machine, walkin refrigerator, flat screen TV, 2 door undercounter refrigerator + sandwich station, 2 full door refrigerator, full door refrigerator, 2 juicers (1 cost $3,500), coffee maker and cash register, etc. There is also a prep kitchen, storage area and additional storage and office in mezzanine. The owner is absentee so there is lots of upside for increased sales and profits for a hands on owner operator. There is additional upside for opening earlier and adding breakfast. The owner of the building also owns the business.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Seating: 49 | Square Footage: 2,100 | Parking: Street and parking lot across the street | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 7 / M-Th 10a-Mid F,SA 9a-3a S 9a-Mid | Reason For Sale: Other interests |

FINANCIAL INFORMATION:
Yearly Revenues: $540,000 | Yearly Cash Flow: $81,600 |

LEASE INFORMATION:
Monthly Rent: $4,500 | Lease Expiration: negotiable | Yearly Adjustment: negotiable | Lease Option: negotiable |

FINANCING INFORMATION:
Down Payment Required: 49,000 |