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Sf Favorite In Central Location, Corner Visibility, $550k Sales, $88k Net Profit

San Francisco, California : Restaurants
Listing #2771

Sf Favorite In Central Location, Corner Visibility, $550k Sales, $88k Net Profit RRC#: 2771 Asking Price: $199,000 Location: San Francisco, San Francisco, California Yearly Revenue: $552,000 Yearly Cash Flow: $87,600 Monthly Rent: 4,500 all inclusive LISTING DESCRIPTION: This excellent opportunity allows a buyer to continue operating an established, well known restaurant, with its popular menu and concept, business name and loyal clientele. The premises corner location is quite visible, and benefits from constant pedestrian and motorist traffic. The location is in a desirable neighborhood, with mixed residential and commercial use, and parking is not an issue. The interior has lots of natural light and good visibility to the street, but still retains a cozy ambience, with tables and chair seating for 30, plus 30 additional table seating outside. There is a semi open kitchen layout with menu expediting counter between servers and line kitchen crew, and a separate server station area for beverage service and storage. The efficient kitchen includes a 7ā€™ type 1 hood, 6-burner range with oven, char grill, double fryer, 2-door salad prep unit, 2-group espresso machine with a doser grinder, 1-compartment prep sink, grease trap, hand sink and floor sink. There is an adjacent prep room off the kitchen with food processor, blender and juicer equipment, and additional refrigerated storage units. The back of house has a 3-compartment sink, a 1-door freezer and three glass door reach-in units, commercial slicer, ample wire rack shelving units, and a large rear pantry & office area for dry goods, wine and beverage storage. This location is ideal for a hands on owner chef or a partnership looking to take over an established profitable going concern, or create a new business model and purchase the equipment/assets, assume the lease and transfer ABC beer & wine license. Check out this excellent location, very manageable premises and layout, all in an efficient, user friendly configuration. GENERAL INFORMATION: Organization: Corporation | Year Established: 2013 | Current Owner: 2013 | Seating: 30 inside, 30 outside | Square Footage: 1,000 inside | Parking: Street | Licenses Required: Business, Health, ABC Beer & Wine | Days Open/Hours: Tues-Fri 6p-9p, Sat/Sun 9a-2p | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $552,000 | Yearly Cash Flow: $87,600 | LEASE INFORMATION: Monthly Rent: 4,500 all inclusive | Lease Expiration: April 2020 | Yearly Adjustment: $100 per month | Lease Option: 5 years | Security Deposit: 15,000 |

Asking Price:

$199,000

Gross Income:

$552,000

(last 12 months)
Cash Flow:

$87,600

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Sf Favorite In Central Location, Corner Visibility, $550k Sales, $88k Net Profit

RRC#: 2771
Asking Price: $199,000
Location: San Francisco, San Francisco, California
Yearly Revenue: $552,000
Yearly Cash Flow: $87,600
Monthly Rent: 4,500 all inclusive

LISTING DESCRIPTION:
This excellent opportunity allows a buyer to continue operating an established, well known restaurant, with its popular menu and concept, business name and loyal clientele. The premises corner location is quite visible, and benefits from constant pedestrian and motorist traffic. The location is in a desirable neighborhood, with mixed residential and commercial use, and parking is not an issue. The interior has lots of natural light and good visibility to the street, but still retains a cozy ambience, with tables and chair seating for 30, plus 30 additional table seating outside. There is a semi open kitchen layout with menu expediting counter between servers and line kitchen crew, and a separate server station area for beverage service and storage. The efficient kitchen includes a 7ā€™ type 1 hood, 6-burner range with oven, char grill, double fryer, 2-door salad prep unit, 2-group espresso machine with a doser grinder, 1-compartment prep sink, grease trap, hand sink and floor sink. There is an adjacent prep room off the kitchen with food processor, blender and juicer equipment, and additional refrigerated storage units. The back of house has a 3-compartment sink, a 1-door freezer and three glass door reach-in units, commercial slicer, ample wire rack shelving units, and a large rear pantry & office area for dry goods, wine and beverage storage. This location is ideal for a hands on owner chef or a partnership looking to take over an established profitable going concern, or create a new business model and purchase the equipment/assets, assume the lease and transfer ABC beer & wine license. Check out this excellent location, very manageable premises and layout, all in an efficient, user friendly configuration.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2013 | Current Owner: 2013 | Seating: 30 inside, 30 outside | Square Footage: 1,000 inside | Parking: Street | Licenses Required: Business, Health, ABC Beer & Wine | Days Open/Hours: Tues-Fri 6p-9p, Sat/Sun 9a-2p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $552,000 | Yearly Cash Flow: $87,600 |

LEASE INFORMATION:
Monthly Rent: 4,500 all inclusive | Lease Expiration: April 2020 | Yearly Adjustment: $100 per month | Lease Option: 5 years | Security Deposit: 15,000 |


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