*SF's Castro District* Modern restaurant & bar for sale, cheap rent!"

San Francisco, CA (San Francisco County)

wine bar, tapas and more...
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Asking Price: $155,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $4,320 per Month

Established: 2016

*SF's Castro District* Modern restaurant & bar for sale, cheap rent!"

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Business Description

*TURN-KEY RESTAURANT & Bar (beer wine) in the San Francisco's Castro district.* Great Opportunity for a seasoned restaurant operator or first time start-up principal to take advantage of this established restaurant.

An architect designed Restaurant & Bar two level (art deco style) with many large glass windows overlooking downtown Castro neighborhood and tastefully appointed and decorated dining room with exhibition (open) kitchen.

Restaurant * Bar details:
*1,600sf +/- restaurant premise Two levels
*Seating 45 customers +/-
*Bar serving area for alcohol service or food pick to go.
*All FF&E, (Furniture, Fixture and Equipment) are inclusive of sale
*Type 1 commercial hood, Long Hood 15 feet
* Cooler/Freezer
*Seller will provide basic restaurant operations training if need be
*Lease thru 5/2021 + Five (5) years option to extend
*Current Rent $4,320 (20% forgiven due to Covid-19) +nnn ($400)
*Type 41 beer & wine license
*Reasonable asking price $155k

The rent is below market rent and reasonable overhead, restaurant owner can operate one of the many existing and popular restaurant cuisine concepts as to capitalize on the nearby student demographics as well as the local business merchants and resident community.

Restaurant cuisine concepts such as;
1) Chinese cuisine, fast casual or full service
2) Ramen / noodle restaurant or Dumpling house
3) South east Asian cuisine, Indian, Chinese, Thai
4) American Diner, Burger joint or Philly cheese-steak sandwich
5) South American Cuisine, Mexican Taqueria Bar
5) Mediterranean cuisine, kebab house
6) fried chicken & waffles restaurant
7) Indian fast casual restaurant
8) Pizza and Pasta shop
9) Boba Tea shop, dessert ice cream shop

(???)If you are currently in the restaurant & catering business and looking to expand, this may be ideal retail location for you, if you are looking to take over an existing profitable restaurant and catering business and willing to learn, sellers will be willing to teach. *For further details, please inquire via email or by calling Riki~Restaurant broker @ (650)302-6795 for an appointment for tour. (*Picture in Ad is not actual business for sale, its for references only.*)
All prospective buyers are asked to complete a confidentiality agreement.
do NOT contact me with unsolicited services or offers

Detailed Information

Location:
San Francisco, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
4
Facilities:
Fully turn-key commercial built kitchen type 1 hood, refrigeration, prep kitchen, storage. large open dining room with open kitchen. seating 40+/-
Competition:
Prime Castro District in San Francisco with heavy foot traffic and retail shopping and variety of restaurant and bars.
Growth & Expansion:
on demand catering through 3rd party social media apps, as most online business is generated through delivery apps during covid-19 shelter in place.
Financing:
Buyer to have strong credit
Support & Training:
Yes, seller willing to train basic restaurant equipment usage.
Reason for Selling:
owner relocating out of state.
Business Website:
http://baycityguide.com/en/castro-district/a1JU00000002DMZMA2
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(from currently available funds)
 
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Riki Tang ~ Restaurant Broker

Business Listed By:
Riki Tang ~ Restaurant Broker

Vista Investment & Realty

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Ad#:1795861

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