$139,000.00
Asking Price
Address: San Francisco,
Status: Active
Posting ID: 286468
5/8/24
Description
Neighborhood Gem Restaurant & Concept w/ 25+Years of Goodwill for Sale in San Francisco!
Description:
This owner-operated restaurant has been a neighborhood gem and staple destination for over two and a half decades. Located in the Alamo Square/Lower Haight neighborhoods of San Francisco this business attracts neighbors, affluent locals, and tourists alike.
The space leads itself to an owner-operator or chef owner-operator and has been a consistently cash-flowing business for the current owners who pay themselves wages and run personal expenses through the business. Over the years the sales have ranged between ~$400-$500k generated from their daily dinner service that is served from 530-9pm.
The ~1110sf space is easily operated with roughly five employees each day. The raised open kitchen has a Type-1 Hood and overlooks the ~40 seat dining room and large bright front windows. The business serves fresh quality dishes and offers a solid wine selection with the existing Type 41 beer & wine license.
The space has one ADA bathroom, new water heater, ample storage and an open floor plan for ease of operations. A full equipment list can be provided upon request.
The lease runs through 2028 and has a 10-year option with a current monthly gross lease rate of $5900/month.
Reach out to learn more about this longstanding San Francisco concept and restaurant that is now for sale, as it won't last at this price!
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 1998
Employees: 6-8
Reason For Sale: Retirement
Monthly Rent: $5,900 Gross
Expiration: 9/31/2028 plus 1 - 10 year option
Facilities:
Square Feet: 1,110
Seating: 40+
Parking: Easy Street Parking
Licenses: Type 41, Beer & Wine, Business & Health
Days/Hours of Operation: 530-9pm daily
RRC# 4778
Location: Alamo Square/Lower Haight neighborhoods of San Francisco
To get more information about this Restaurant - Neighborhood Gem Since 1998 business for sale in San Francisco please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286468 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant - Neighborhood Gem Since 1998, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $139,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: San Francisco
City: San Francisco
Attributes:
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