This cafe/restaurant is nestled in the Civic Center/Tenderloin area, very close to Mid-Market area. It has a modern build out and contemporary design. It is located next to numerous offices - including local government, tech companies, UC Hastings, museums and also has neighborhood foot traffic.
Currently, the restaurant is open for breakfast and lunch Monday - Friday. It is a go-to spot for lunch in the area. There are many opportunities to grow the business through opening later in the day and evenings for dinner as well as brunch service on the weekends.
The current lease has 8 years plus two 5-year options. The rent under the terms of this lease is very favorable compared to current market rates.
The inside of the space seats 48, the small outdoor seating area accommodates 8. The kitchen is small but efficient, and there is a large storage area downstairs along with an office.
The restaurant is currently absentee run with 3 full time (one of which is the manger) and 2 part time employees.
The kitchen is equipped with a rotisserie, 6 burner stove with 2 ovens and flat top grill, 2 salad prep stations with under counter refrigerators, 10' type 1 hood, 3 door reach in refrigerator, dishwasher, ice machine, espresso machine, coffee brewer and grinder, two door under counter refrigerator, sliding glass door beverage cooler, , small freezer, Hobart mixer, one restroom, storage and office area
- OrganizationContact For Info
- EstablishedContact For Info
- Current OwnerContact For Info
- Reason For SaleOther Interests
- Square Feet1680 sqft.
- LicensesBeer and Wine
- Open HoursMonday - Friday 7:30am-2:30pm
- Yearly IncreaseFixed
- Option2 Five Year Options
- Monthly Revenue$36,168
- Monthly Cash FlowContact For Info
- Annual Revenue$434,000
- Annual Cash FlowContact For Info
- PayrollContact For Info
- Down Payment$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.