Located at 1477 Van Ness Ave, this unique breakfast and brunch destination is recognized for its outstanding artistic cuisine and excellent service. It could also be easily converted into a coffee shop, bakery or gelato shop. Currently, its modern interpretation of classic dishes receives high marks from locals and stays true to its artistic roots. Using only high-quality fresh ingredients the chef has created a truly unique experience. The Kitchen is approx 115 sq ft and operates without a hood using micro-convection oven for cooking . This is a turn-key opportunity for an owner/operator to come in and take this location to the next level or would also be a good fit for someone looking to put their concept into a sophisticated setting. Located at the corner of Pine & Van Ness, several new condominiums have recently been built in the area. There is also a 700-room hotel across the street. Lots of potential here. Recently only open 3 days a week gives a new operator an upside of increasing revenue by being open more days. Because of the shortened operating hours last years sales came in just over $200k but previous years were in the mid $300k sales range. Some of the equipment includes: Convection Micro Oven, Counter Top Grill, Griddle, Crepe Maker, Panini Maker, 2 La Rossa refrigerated glass pastry cases, 1 La Rossa 16 flavor Gelato freezer case, La Marzocco espresso machine, Beer & Wine license and much more!

General Info

  • OrganizationCorporation
  • Established2012
  • Current Owner2012
  • Employees5 Part-time
  • Reason For SaleOther Interests

Facilities

  • Seating32 indoor + 15 outdoor
  • Square Feet1200
  • ParkingStreet
  • LicensesBusiness, Health, ABC Type 41 (beer & wine)
  • Open HoursFriday - Sunday: 9am - 3:30pm

Lease

  • Rent$1500 all inclusive - Due to construction on Van Ness
  • Expiration3/2019
  • Yearly Increase5%
  • OptionTotal of 3 options: (1) 2 yrs + (1) 3 yr + (1) 3yr
  • DepositContact For Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • 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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