* Included in Asking Price
Excellent Location - Restaurant Business In The San Francisco With $154,000 In Annual Profits.
Asking Price: $250,000
Location: San Francisco, San Francisco County, California
Yearly Revenue: $1,445,964
Yearly Cash Flow: $154,404
Monthly Rent: $3,827
Price Reduced - $250,000 for this quality restaurant business located in an up and coming area of San Francisco with $154,000 in annual profits and extremely low rent at only 3% of the $1.450 million annual sales. Completely remodeled in 2014 to include a cozy private dining room, open full kitchen and modern industrial decor, see the photo''s. The kitchen is open to the dining room with a 12ft Type 1 hood and fire suppression system, burners, ovens, fryer, grill, refrigerated work tops and seafood ice display all make for a small but fully functional and equipped space. The dining room and kitchen are easy to maintain which has a modern ambiance with seating for 45 plus an outdoor patio area. The comprehensive menu has an excellent reputation for using only the freshest ingredients which makes a comfortable 10% profit. The owners are quasi-absentee and have other interests so spend little time at the restaurant. A hands on owner (Chef and Manager team) could really increase business. The lease expires in 2020 but after successful negotiations with the landlord an extension beyond this time will ensure a positive future growth. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.
Organization: LLC | Year Established: 1990 | Current Owner: 2014 | Employees: 19 | Seating: 45 | Square Footage: 1000 + Outdoor Dining | Parking: Street | Licenses Required: Health, Business & ABC Type 41 License | Days Open/Hours: 11.00am - 10.00pm Daily |
Yearly Revenues: $1,445,964 | Yearly Cash Flow: $154,404 | Payroll: $47626 |
Monthly Rent: $3,827 | Lease Expiration: 12/31/2020 | Yearly Adjustment: 4% | Lease Option: Negotiable | Security Deposit: 1700 |
Seller Reference #3033
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