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Asking Price$199,000
Revenue$1,445,964 EstablishedUndisclosed
Cash Flow$154,404 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Price Reduced! Excellent Location City Restaurant with Annually $1.4+ Million Sales/$150K Profit

RRC#: 3033
Asking Price: Offered At $199,000
Location: San Francisco, CA
Annual Revenue: $1,445,965
Annual Cash Flow: $154,401
Monthly Rent: $3,827

Listing Description:
Price Reduced to $199,000 for this quality restaurant business located in an up and coming area of San Francisco. $154,000 in annual profits and extremely low rent at only 3% of the $1,450,000 million annual sales. Good books and records with verifiable financials, growing sales, growing revenues & consistent earnings. The owner is willing to carry a note for a portion of the purchase price to well qualified buyers with experience and good credit. Completely remodeled in 2014 to include a cozy private dining room, kitchen and modern industrial decor, see the photo’s. The kitchen is open to the dining room with 12ft Type 1 hood and fire suppression system, burners, ovens, fryer, grill, refrigerated work tops and seafood ice display. 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 11% profit. The owners are quasi-absentee with other interests and so spend little time at the restaurant. A hands on owner (Chef and Manager team) could really grow this 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.

General Information:
Organization: LLC
Established: 1990
Current Owner: 2014
Employees: 19
Reason For Sale: Contact For Info

Financial Information:
Monthly Revenue: $120,497
Monthly Cash Flow: $12,867
Annual Revenue: $1,445,965
Annual Cash Flow: $154,401
Payroll: $47,626
Monthly Revenue: $120,497
Monthly Cash Flow: $12,867
Ad #101180
Seller Reference #3033
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
Email Address