"SOMA" Celebrate Restaurant & Popular Tourist Destination restaurant!

San Francisco, CA (San Francisco County)

Seller Financing Available
Speakeasy... do you have a neighborhood favorite?
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Asking Price: $475,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 1985

"SOMA" Celebrate Restaurant & Popular Tourist Destination restaurant!

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Business Description

Popular and Iconic restaurant in San Francisco's SOMA district, long running for the last 25 years+ minutes to San Francisco downtown, and situated in the South of Market neighborhood. *TURN-KEY RESTAURANT & Alcohol license, a must visit for any visitor tourist visiting San Francisco.

Restaurant Details:

Restaurant is centrally located whether driving to San Francisco, or to Peninsula or Southbay. Large commercial kitchen, equipped with a long hood Type 1, prep kitchen, walk in cooler/freezer, office and storage. Restaurant also has a roof deck garden that can be operated as possible outdoor venue. This opportunity can be great for a restaurant owner with multiple locations that is looking to grow their wholesale or catering business, as the are able to maximize the potential for this site as retail/ central production kitchen for commissary. Any prospective buyers interested and understand how difficult it is to find a commercial kitchen around the SF bay area that has the kitchen facility to operate a wholesale catering food business.

*5,000sf +/- restaurant premise
*two levels, basement
* Basement, prep kitchen, storage, wine room office
*Patio /Yard, Roof Deck Garden/ office storage room
*Seating 60 customers +/-
*All FF&E, (Furniture, Fixture and Equipment) are inclusive of sale
*Type 1 commercial hood, 10ft Long Hood
*Walk in Cooler/Freezer
*Trade Name licensing rights open for discussion
*Seller will provide basic restaurant operations training if need be
*Lease thru 2031 or longer extension pending landlord approval
*Rent $3/PSF
*Type 41 beer & wine license
*$475k
The rent is below market rent and reasonable overhead, the 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, Pub, Tavern
5) South American Cuisine, Mexican Taqueria Bar
6) Mediterranean cuisine, kebab house
7) fried chicken & waffles restaurant
8) Indian fast casual restaurant
9) Night Club
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.

(Pictures in the advertisement are not necessarily depicting from the actual business for sale, it's for reference only. Company nor any of its representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of the Evaluation Material.)

Detailed Information

Location:
San Francisco, CA
Employees:
6
Facilities:
Fully built and turn key commercial open kitchen , type 1 hood, prep kitchen, office, storage areas, wine cellar and private roof top garden access.
Competition:
South of Market busy foot and car traffic, close proximity to SF downtown, on/off to freeway. high density to other restaurant and bars in the neighborhood.
Growth & Expansion:
On demand catering, delivery to local corporate accounts for lunch and special events. Self delivery or through 3rd party app delivery companies.
Financing:
Buyer must have strong credit, financials
Support & Training:
yes, seller will train if need be.
Reason for Selling:
relocating out of area.
Business Website:
http://en.wikipedia.org/wiki/South_of_Market,_San_Francisco
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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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