This well-established restaurant is located in one of San Francisco's most iconic neighborhoods. This high-density area enjoys a constant flow of foot traffic, and the restaurant is situated on the neighborhood's busy main thoroughfare. The restaurant is large and spacious, making it an ideal space for serving diners in the age of social distancing. Under pre-pandemic guidelines, the space could accommodate 126 inside, and 60 outside in the back patio area. Even if policies around restaurant capacity change, the restaurant is spacious enough to seat guests at a safe distance and maintain a good level of guests. Because the restaurant is situated in a dense residential area, it enjoys a very favorable location for delivery and pick-up business. The size of the restaurant is conducive to running delivery/take-out operations without interfering with dine-in guests' experience. These features of the restaurant create great potential for the right owner/operator to be very successful. Currently, the restaurant has Italian-themed décor. A new owner/operator could implement their own concept. The landlord is willing to negotiate favorable lease terms and rent for the right buyer to set up for success.

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