Restaurant for sale in the heart of San Francisco's Mission District. The restaurant sits on a busy block, near other successful restaurants, bars, and retails shops, in addition to a movie theater. It is close to MUNI bus lines, and to a BART station. There is significant foot traffic in this area seven days a week, throughout the day and into the evening. The interior is beautifully designed, with a look that blends the contemporary with the historic. The space has two main dining areas, one of which is connected to the bar, which gives it a more lounge-like feel. The other dining area can be subdivided to accommodate private parties. There is bar seating area and a open-air kitchen on the front line with a prep area in the back of house. The seating between the two dining areas and bar can accommodate 86 and 8 seats outside. There is an upstairs loft office. The menu features modern, seasonal comfort food, along with wine, craft beer, and wine-based cocktails. It has extremely high Google and Yelp reviews, and has been featured on a local television program that reviews restaurants. The sales for 2019 were $1,038,197 and has a Sellers discretionary earnings (profit) of $100,016 for 2019 and has enjoyed very consistent sales for the three years prior, 2016 - $1,297,260, 2017 - $1,298,222, 2018 - $1,232,214. The lease is reasonably priced for a restaurant of this size in this location. There is a five year option included. The landlord would consider another five year option for the right buyer. The restaurant comes equipped with the following; 12' Type 1 hood and venting, 4 burner stove with oven and a 6 burner stove with oven, flat top grill, charbroil grill, salamander, 2 fryers, 2 door reach-in refrigerator, 4 door reach in refrigerator, a 3 door and 2 door under-counter refrigerator with prep, 6 beer tap system with keg refrigerator, 4 door beverage cooler, ice machine and dishwasher The restaurant comes with a parking space and has additional storage in the basement. There are two ADA restrooms. If you are interested in viewing the restaurant during the shelter in place we can provide a video tour.

General Info

  • OrganizationContact For Info
  • Established2015
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating86 Inside and 8 Outside
  • Square Feet2600
  • ParkingMetered Street Parking
  • LicensesHealth, Business and Beer and Wine
  • Open Hours11:30am - 9pm Sunday - Thursday, 11:30am - 10pm Fri - Sat

Lease

  • Rent$7,874
  • ExpirationDecember 2020
  • Yearly IncreaseFixed
  • OptionTwo Five Year Options
  • Deposit$15,189

Financials

  • Monthly Revenue$86,516
  • Monthly Cash Flow$8,334
  • Annual Revenue$1,038,197
  • Annual Cash Flow$100,016
  • 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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