Restaurant for sale in busy location in one of San Francisco's most historic neighborhoods. This is a dense residential area, with lots of foot traffic seven days a week. The space has a cozy, modern interior, featuring gorgeous hardwood floor and rustic wood tables. The current concept is contemporary Italian, but the space is well suited to a range of potential alternatives.
In addition to being favorably situated for walk-in business, this restaurant is also poised to expand its delivery and take-out sales. In addition to being located in a residential area with continuous foot traffic, this business is also within easy delivery reach of many other areas of the City.
The current rent is $5,000 a month, with no yearly increases. The current lease runs through December 2021. For the right buyer the landlord will extend the length of the lease and negotiate reasonable terms going forward.
The restaurant is equipped with a 10' type 1 hood with a fryer, 6 burner stove, flat-top grill and convection oven. There is a 2 door under-counter refrigerator with prep station and another 2 door under-counter refrigerator, 2 door reach in refrigerator, ice machine, prep sink and 3 compartment sink. The space has a basement which mirrors the top space and has two walk in refrigerators downstairs. The bar area is equipped with various beverage coolers and a beer tap cooler.
- Current OwnerContact For Info
- EmployeesContact For Info
- Reason For SaleOther Interests
- Seating48 Indoor Seating
- Square Feet1332
- ParkingStreet and Parking Lot
- LicensesBeer and Wine, Health and Business License
- Open Hours5:30pm - 10pm Daily
- ExpirationDecember 2021
- Yearly IncreaseNone
- Monthly Revenue$34,854
- Monthly Cash FlowContact For Info
- Annual Revenue$418,254
- Annual Cash FlowContact For Info
- PayrollContact For Info
- Down PaymentContact For Info
- Note BalanceContact 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.