Established Historical Restaurant With Patio In A Vibrant Busy Area

San Francisco, CA (San Francisco County)

Established Historical Restaurant With Patio In A Vibrant Busy Area
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Asking Price: $79,000

Cash Flow: N/A

Gross Revenue: $1,066,488

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $14,000 per Month

Established: 2016

Established Historical Restaurant With Patio In A Vibrant Busy Area

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Business Description

Established Historical Restaurant With Patio In A Vibrant Busy Area

RRC#: 3713
Asking Price: Offered At $79,000
Location: San Francisco County
Annual Revenue: $1,066,488
Annual Cash Flow: Contact For Info
Monthly Rent: $14,000

Listing Description:
This well-established restaurant is located in one of San Francisco’s most iconic neighborhoods. This high-density area enjoys a constant flow of foot traffic, and the restaurant is situated on the neighborhood’s busy main thoroughfare.

The restaurant is large and spacious, making it an ideal space for serving diners in the age of social distancing. Under pre-pandemic guidelines, the space could accommodate 126 inside, and 60 outside in the back patio area. Even if policies around restaurant capacity change, the restaurant is spacious enough to seat guests at a safe distance and maintain a good level of guests.

Because the restaurant is situated in a dense residential area, it enjoys a very favorable location for delivery and pick-up business. The size of the restaurant is conducive to running delivery/take-out operations without interfering with dine-in guests’ experience. These features of the restaurant create great potential for the right owner/operator to be very successful.

Currently, the restaurant has Italian-themed décor. A new owner/operator could implement their own concept. The landlord is willing to negotiate favorable lease terms and rent for the right buyer to set up for success.

General Information:
Organization: LLC
Established: 2016
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $88,874
Annual Revenue: $1,066,488
Cash Flow: Contact For Info
Payroll: Contact For Info

Detailed Information

Location:
San Francisco, CA
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
6/1/2022
Facilities:
Hours: 11am - 10pm Daily Parking: Street Seating: 126 inside and 60 outside
Financing:
Security Deposit: $25,286. 2 Five Year Options
Reason for Selling:
Other Interests
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1754088

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