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#6296
San Francisco Metro

High Volume Asian Bakery for sale in SF Chinatown

$780,000
High Volume Asian Bakery for sale in SF Chinatown
This Listing is Expired

This is your chance to acquire a highly profitable bakery cafe in a prime location of San Francisco. The bakery has a loyal customer base of ±25,000 active and recurring members, and approx. 200 Google rating of 4.4/5.

This is a truly turn-key operation now available in the heart of SF at an incredible location with a large Asian presence. As a Chinese/Hong Kong/Taiwan-style bakery cafe, this establishment offers an authentic range of pastries and cakes as well as desserts, smoothies, milk tea and other bakery products.

The business continues to thrive and it generates gross revenue of ±$1.4M in 2022. The opening hours are from 7 AM to 6 PM every day. There are 12 full-time employees and 2 part-time employees. All the equipment is in excellent condition and the owner purchased them 7 years ago. It was valued at approximately $700k. The monthly lease is ±$8000 and runs until 10/2031, providing the new owner with eight years of security.

No new bakery permits are allowed in the area, providing a significant advantage to the business.

Don't miss out on the opportunity to acquire a highly profitable and well-established Chinese/Hong Kong/Taiwanese-style bakery cafe in a prime location. With a loyal customer base and excellent reputation, this business is poised for continued success under new ownership.

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Francisco Metro
Lease Term:
There is 8 years left on lease
Total Monthly Rent:
$8,000

Financials

Last Year's Annual Gross:
$1,400,000

Operations

# of Full-Time Employees:
12
# of Part-Time Employees:
2
Hours Open:
open everyday from 7am-6pm
Year Established:
2016

Facilities

# of Parking Spots:
street
Inside Sq. Ft.:
1,500

Highlights

  • Located in high traffic area in Chinatown

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,134 226,687 514,468
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,507 122,239 247,764
2010 Persons Per Household 1.94 1.74 1.96
Median House Value $931,200 $789,333 $823,222
Income Per Household $50,485 $62,455 $77,662
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,422 18,510 27,345
2012 Number Of Employees 36,692 728,302 960,060
2012 Total Annual Payroll $936,217,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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