This popular neighborhood Italian restaurant is located on a corner of a busy street of San Francisco that has a lot of foot traffic and car traffic. They serve classic Italian dishes, including pizzas and pastas. The restaurant seats up to 70. In addition to having a loyal local following, this restaurant has high reviews on both Google and Yelp. They were featured on an episode of "Check Please," a show on local television dedicated to reviewing Bay Area restaurants. The business opened its doors in 1987 and has been family owned ever since. Three years ago, it moved to the current location, and the owners spent $300K on a remodel, which included the installation of a new type 1 hood. The compressor for the walk-in refrigerator is also new. There is potential to grow the business by increasing lunch sales and leveraging the room that is available for private parties. There is a large downstairs basement area that is used for storage and office space. Equipment that includes, 12 burner stove with ovens, 12' hood type 1 hood, 2 one door under counter refrigerator, coffee brewer, espresso machine, ice cream freezer, ice machine, dishwasher, salad prep with two door under counter refrigerator, 3 comp sink, 3 reach in freezer, walk in refrigerator. There are also ADA restrooms.

General Info

  • OrganizationContact For Info
  • Established1987
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating70
  • Square Feet1800
  • ParkingStreet
  • LicensesABC Type 47, Health and Business
  • Open Hours5pm-9:30pm Sunday-Thursday 5pm-10pm Friday/Saturday

Lease

  • Rent$5,796
  • Expiration2021
  • Yearly IncreaseContact For Info
  • Option5 Year Option
  • Deposit15000

Financials

  • Monthly Revenue$64,800
  • Monthly Cash Flow$13,430
  • Annual Revenue$777,500
  • Annual Cash Flow$ 161,000
  • 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.

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