* Included in Asking Price
Breakfast And Lunch Restaurant With Below Market Rent - Monday - Friday
Asking Price: $225,000
Location: San Francisco County, San Francisco County, California
Yearly Revenue: $480,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $3,940
This cafe/restaurant is located in the up-and-coming Civic Center area, near Market Street and numerous offices - including local government, tech companies, and UC Hastings. Currently, the restaurant is open for breakfast and lunch Monday - Friday. It is a go-to spot for lunch in the area. The current lease has 8 years plus two 5-year options. The rent under the terms of this lease is very favorable compared to current market rates. There are many opportunities to grow this business through increasing breakfast and catering business, and opening in the evenings for dinner and for brunch on the weekends. The inside of the space seats 48, the small outdoor seating area accommodates 8. The kitchen is small but efficient, and there is a large storage area downstairs along with an office. The restaurant is currently absentee run with 3 full time (one of which is the manger) and 2 part time employees. The owner would consider financing some portion of the purchase price for the right buyer and/or also would consider partner arrangement with a chef operator. The kitchen is equipped with a rotisserie, 6 burner stove with 2 ovens and flat top grill, 2 salad prep stations with under counter refrigerators, 10'' type 1 hood, 3 door reach in refrigerator, dishwasher, ice machine, espresso machine, coffee brewer and grinder, two door under counter refrigerator, sliding glass door beverage cooler, , small freezer, Hobart mixer, restroom, storage and office area.
Organization: LLC | Employees: 4 | Seating: 48 | Square Footage: 1680 sqft. | Parking: Street | Licenses Required: Beer and Wine | Days Open/Hours: Monday - Friday 7:30am-2:30pm | Reason For Sale: Other Interests |
Yearly Revenues: $480,000 |
Monthly Rent: $3,940 | Lease Expiration: 09/06/2026 | Yearly Adjustment: Fixed | Lease Option: 2 Five Year Options |
Seller Reference #2954
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