This restaurant is located in downtown San Francisco, near 5 performing arts venues and one concert hall. It is in an area that consistently draws significant pre-theater dinner crowds. The surrounding area is high-density residential and commercial, and there is a lot of foot traffic. There is currently a lot of development in the area; including a large condominium project directly across the street. Two new condo developments are nearing their finish bringing hundreds of new residential units to the area. There is also a new luxury hotel/residential development directly across the street. The current concept is Italian, and a new owner could continue to operate it as such, or make changes. The restaurant is newly built out, and has new equipment and fixtures. It has a modern, sleek look, exposed brick from original 1906 giving it a rustic and modern feel. The restaurant can seat 54 guests. The restaurant opened in 2018 and closed down for repairs in December of 2018. On an annualized bases the sales were 828,336 before closing down. The restaurant is equipped with 12' type 1 hood, charcoal oven, automatic espresso machine, vintronic 600 bottle wine locker, 3 door under-counter refrigerator with prep, 2 door beverage cooler, 4 drawer refrigerator prep station, 2 door reach-in refrigerator, 1 door reach in freezer, prep sink, 3 compartment sink and ice machine . There is a good size storage area as well as an office.

General Info

  • OrganizationInc
  • Established2017
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating54
  • Square Feet1,809
  • ParkingStreet
  • LicensesBeer and Wine, Health and Business
  • Open Hours5pm-10pm Tuesday-Saturday

Lease

  • Rent$6,686
  • Expiration2022
  • Yearly IncreaseFixed Increases
  • Option5 Year Option
  • Deposit$18,216

Financials

  • Monthly Revenue$69,028
  • Monthly Cash FlowContact For Info
  • Annual Revenue$828,336
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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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