Full-service Restaurant & Central Catering Kitchen / Private Event Spa

San Francisco, CA (San Francisco County)

Full-service Restaurant & Central Catering Kitchen / Private Event Spa
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Asking Price: $180,000

Cash Flow: N/A

Gross Revenue: $893,947

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $7,000 per Month

Established: N/A

Full-service Restaurant & Central Catering Kitchen / Private Event Spa

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Business Description

Full-service Restaurant & Central Catering Kitchen / Private Event Space With Outdoor Seating

RRC#: 3931
Asking Price: Price Negotiable
Location: 88 Hardie Place, San Francisco

Annual Revenue: $893,947
Annual Cash Flow: see agent
Monthly Rent: $7,000

Listing Description:

This San Francisco centrally located gem has a large, local following and an existing long client list for direct proximity catering. This very clean and well-appointed space was used for a wildly popular, Michelin recommended breakfast and lunch concept serving downtown clients Monday-Friday. This concept also supported a variety of personal and corporate large-scale events, from weddings and product releases, to holiday parties and luncheons, this former concept utilized the space fully. It has direct access to outdoor/alleyway sidewalk seating for dining and for further curating private events.

As the pandemic subsides, this fully equipped venue with ample production areas and refrigeration, could easily be used as a central catering kitchen, and a shared food delivery ghost kitchen, as the new owner ramps up other revenue streams.

The interior is stunning, and it boasts a great visible bar/service area and an open view into the fully equipped, large kitchen. The design includes reclaimed wood floors, barn doors in and out of the kitchen and fluted glass windows. The interior also showcases original Carnegie steal columns in the dining room and a library ladder equipped custom steel wine/bar display. The interior has ample room for indoor diners, even with social distancing implications enacted in the short term.

Even though this space is suited for many uses, it has a proven record as a weekday only, breakfast and lunch restaurant with nearly $1,000,000 in sales in 2019, with upside to expand hours, catering/ food delivery and private events. The space has huge event and catering possibilities, with no restricted uses, neighbors or other factors.

The equipment includes, but not limited to the following: 14 2-top tables with dining chairs (with room for many more within), Alto Sham Combi Oven CPT 720G, newly rebuild 30 qt Hobart Mixer, Walk In Cooler, Wolf Range with 2 Ovens & 8 Burners, 12ft Type 1 Hood, Star Max 28” Plancha/ Smooth Panini Grill, 3-Door True Fridge w/large Pizza Prep Top, 1-Door True Freezer, 2-Glass Door True Bar Fridge, 2-Glass Door True Wine Fridge, Undercounter 1-Door True Fridge, Perlick 3-Door 6-Tap Keg Cooler…..and much, much more. Full Equipment List Upon Request

**A second location is available on California St. for viewing also!!

General Information:
Established: Contact For Info
Current Owner: Contact For Info
Employees: 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: see agent
Monthly Cash Flow: see agent
Annual Revenue: $893,947

Square Feet: 2100

Seating: capacity 60, indoor/outdoor events 130

Detailed Information

Location:
San Francisco, CA
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
5/28/2025
Employees:
10
Facilities:
Square Feet: 2100 Seating: capacity 60, indoor/outdoor events 130 Parking: On street or in garage
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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