$650,000 was recently spent in building out this beautiful restaurant on a major thoroughfare in a very desirable South of Market/Mission District location. There is a large glass frontage, display kitchen totally built out with new equipment, a bar lounge area, outdoor seating area and a dining room that has an open airy feeling. There are high ceilings, concrete floors, counter seats and tables and chairs. Some of the equipment includes as follows: 3 type 1 hoods (10', 9' and 7') with fire suppression systems, 6 burners over oven, 2 double basket fryers, 8 stock pot burners, 3 - 2 door undercounter refrigerators, microwave, 2 utility sinks, walk-in refrigerator, 3 full door freezer, mop sink, 2 full door refrigerator, 3 door undercounter refrigerator + sandwich station, ice machine, 2 -3 compartment sinks, 2 door undercounter refrigerator + 3 taps, 2 glass door undercounter refrigerator, 2 -1 door undercounter refrigerators ( 1 has a glass door), POS system, sake machine, 2 hand sinks, 2 ice bins and 18 employee lockers, etc. There are also 2 ADA restrooms, 3 storage rooms and employee area. The name and menu are not included with the sale.

General Info

  • OrganizationCorporation
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating60 approx + 10 outside
  • Square Feet2,200 + outdoor seating
  • ParkingStreet
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursMon-Sun:11:30AM–1:30PM & 6–10PM

Lease

  • Rent$11,997 all inclusive
  • Expiration5 years
  • Yearly Increase4%
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$95,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,140,000
  • Annual Cash FlowContact For Info
  • 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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