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Asking Price$175,000
Revenue$660,000 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Pristine Downtown Sf Restaurant- Versatile, Fully Equipped, Recent Remodel- Two Kitchens- Reduced!

RRC#: 2511
Asking Price: $175,000
Location: San Francisco, San Francisco County, California
Yearly Revenue: $660,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 7,881 all inclusive

LISTING DESCRIPTION:
This business occupies a premises that has been beautifully remodeled, and would be ideal for many restaurant concepts and styles of service. In particular, a combined restaurant and catering operation would be ideal, utilizing the approximate 1,100 sq. ft. street level for seating and line kitchen, and the restaurant''s approximate 1,300 sq. ft. lower level prep. and storage kitchen. Interior has exposed brick, distinctive lighting, ADA restroom, counter and table seating, and a semi- display line kitchen. The street level has a front counter with refrigeration and 2-terminal POS system, and line kitchen equipment with quarry tiled floor includes an 8'' type one hood, 6-burner range with griddle and two ovens, a convection/cook and hold oven unit and a self contained convection oven, air pot coffee brewer, a 2-door and a 3-door sandwich fridge, 3-compartment sink and hand sink. The lower level floor is fully quarry tiled, and has street access via an elevator for incoming and outgoing deliveries. Equipment and features include a very large 17'' x 11'' walk-in cooler with wire rack shelving units, 20 qt mixer with stainless stand, specialty bread slicer, a large all purpose commercial slicer, 3- stainless prep. tables, additional wire shelving units, 2-compartment sink, hand sink, 2- sheet pan roll racks, a floor sink and floor drains. There are two separate storage rooms for dry goods and equipment, a good sized private office, and separate room for trash and recycling containers. Buyers should be aware that the premises, the equipment and layout, all allow great versatility to transform and dial in a variety of potential menus, concepts and formats. Make full use of the ABC beer and wine license by installing taps and running beverage lines from the street level to refrigerated beer kegs in the huge walk-in cooler, making a craft beer, gastro-pub concept an easy option and great us for this space. Current monthly base rent is $7,606 + $274 in common area charges. Annual rent increases for the current lease term ending March 1, 2018, are based on CPI, with 2% min and 6% max. This structure continues for the first 5 year option, and then rent will go to an agreed market rental value with 5 year option #2. The business name, menu, recipes and branding are not included in the sale. The sale of this business offers buyers the combination of a premises that''s very well equipped, thoughtfully executed, in a dynamite location, with an attractive lease and rent package.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2013 | Current Owner: 2013 | Seating: 32 | Square Footage: 2,400 approximate | Parking: Street | Licenses Required: Business, Health, ABC beer & wine | Days Open/Hours: Mon-Fri 8a-3p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $660,000 |

LEASE INFORMATION:
Monthly Rent: 7,881 all inclusive | Lease Expiration: March 2018 | Yearly Adjustment: CPI | Lease Option: 2 x 5 years | Security Deposit: 14,600 |
Ad #87030
Seller Reference #2511
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Contact This Seller
Steven D. Zimmerman, CBI, CBB
Restaurant Realty Company
415-945-9701
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