This long-standing restaurant is located in San Franscisco's bustling North Beach neighborhood. This high-density area enjoys a constant flow of foot traffic, and the restaurant is on the busy main thoroughfare. The area receives business from locals and tourists alike. The restaurant has Italian theme decor. It seats 126 inside including the bar area, and has a back patio with heat lamps that can seat 60. The space has a beer and wine license. The name of the restaurant is not included in the sale. There is a tremendous opportunity for new owner to implement their own concept - whether a new outpost of an existing concept, or a brand new establishment. In this prime location, there is great potential for the right operator to be very successful. There is a favorable long term lease in place with fixed increases. It has two large bathrooms that appear to be ADA accessible. The restaurant is equipped with a beer tap system, espresso machine, multiple under-counter refrigeration prep units, slicer, mixer, 1 door reach-in freezer, 2 door freezer, two 6 burner stoves with oven underneath, 20' type 1 hood, steam table, char-broil grill, 2 fryers, ice machine, dishwasher and 3 compartment sink. There is a downstairs storage and prep area with employee break room. Both the walk in refrigerator and walk in freezer are located downstairs.

General Info

  • OrganizationLLC
  • Established2016
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating126 Inside and 60 Outside
  • Square Feet2200
  • ParkingStreet
  • LicensesContact For Info
  • Open Hours11am - 10pm Daily

Lease

  • Rent$14,000
  • ExpirationJune 2022
  • Yearly IncreaseFixed
  • Option2 five year options
  • Deposit$25,286

Financials

  • Monthly Revenue$88,874
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,066,488
  • Annual Cash FlowContact For Info
  • Payroll$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.

Location