Consistent money maker for over 64 years. Open since 1953 this iconic neighborhood restaurant has been serving fried seafood favorites, seafood pasta, and other homestyle, American dishes for decades at the same location. Perfect candidate for the tv show "Diners, Drive-ins and Dives". Walk back in time and experience old, bay area cooking from a bygone era; before "haute cuisine" when restaurants served unpretentious food that was delicious, hearty and reasonably priced. There is a Type 47 Beer/Wine license. Fully equipped for serving and seating 70 plus customers. Equipment list available includes a 6 burner stove, 6 foot fire-suppression Hood, 4 burner grill, 4 deep fryers, several refrigerators, tv etc. Menu can be expanded and / or changed to suit chef-owner. On-site parking in addition to street parking. This great little neighbor-hood restaurant is perfect for the family operation, or partners that want to continue serving old-time favorites and add their mark on this neighborhood's food scene. Call today for address / name & more info.... please fill out / sign the NDA link located at the top. Thank you.

General Info

  • OrganizationContact For Info
  • Established1953
  • Current Owner2000
  • EmployeesContact For Info
  • Reason For SaleRetirement

Facilities

  • Seating59
  • Square Feet1,400
  • Parking3 designated in lot and street parking
  • LicensesBusiness / health
  • Open Hours10am to 830pm mon -thur; 10am to 930pm fri/sat; CLOSED sundays

Lease

  • Rent$2,000
  • ExpirationApril 2020
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$23,000
  • Monthly Cash Flow$2,900
  • Annual Revenue$270,000
  • Annual Cash Flow$34,800
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location