High quality fast-casual beer centric concept featuring premium meats, plant-based options and craft beers . This San Francisco institution was established in the late 1990s, and has built and retained a loyal customer base. The sale of this business includes one location, and one licensing agreement. They are also premier vendors at food and music festivals. The business has recently been SBA pre-approved and for qualified buyers would need 20% down payment for purchase. SBA also has other incentives right now providing for 6 months of no payments if a deal is closed between February and September of this year.
The restaurant seats 64 inside under pre-covid occupancy and has a front patio, a parklet and sidewalk seating that can accommodate up to 48 currently. This concept has proven to be successful for in person dining, pick-up and a delivery model which sets it up for success to pivot during restricted and non-restricted dining conditions and to capitalize on all current revenue streams. The restaurant has an excellent delivery radius.
The business has long-term, established relationships with the vendors who produce and distribute their proprietary products. With this infrastructure in place the business is primed for growth; there would be a huge opportunity to grow brick and mortar locations, expand on the licensing agreement and events to help increase sales and profit and grow the brand. The business is currently absentee run and is set up for an owner to operate or keep the general manager in place to scale the brand and build revenue.
The business is located in an extremely dense, busy, high-traffic area of San Francisco. The location enjoys continuous foot traffic throughout the week, car traffic, and is close to Muni bus lines and a BART station. This main thoroughfare has other restaurants and retail stores, and a high residential population.
The restaurant is fully equipped and a full list of equipment is available upon request.
- OrganizationContact For Info
- Current OwnerContact For Info
- EmployeesContact For Info
- Reason For SaleOther Interests
- Seating64 Inside and 48 Outside
- Square Feet3280
- ParkingMetered Street Parking
- LicensesBeer and Wine, Business and Health Permit
- Open Hours12pm - 9:30pm Sunday - Wednesday; 12pm - 10:30pm Thursday - Saturday
- ExpirationNovember 2024
- Yearly Increase3% Annual Increases
- Monthly Revenue$138,058
- Monthly Cash Flow$26,996
- Annual Revenue$1,656,706
- Annual Cash Flow$323,954
- 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.