Restaurant space for sale at an amazing location in San Francisco's bustling, upscale Marina district. This area enjoys heavy foot and vehicle traffic all day and into the evenings seven days per week. The area is populated by affluent residents, and visited by people who have money to spend. This space presents an excellent opportunity for prime positioning.
The restaurant is currently an Asian concept. A new owner/operator could continue the current concept, or install a new one. All of the necessary infrastructure is in place, including a Type 1 hood and a walk-in refrigerator, as well as a hot cooking line. The inside seats 48, and the outside parklet area seats 18.
The current restaurant has been in business for almost 10 years and the space and location has done very well for them. The revenue for the last several years are as follows; 2018 - 1,275,000, 2019 - 1,239,000, 2021 - 1,175,000 and 2022 annualized revenue is projected at 1,147,000.
The restaurant is equipped with 6' type 1 hood on the front line and 10' type 1 hood in the back of house, walk in refrigerator, two door reach-in refrigerator, steam table, flat-top grill, char-grill, fryer, 6 burner range with oven, 3 door under-counter with prep, 2 door under-counter with prep and an ice machine and much more. A full equipment list is available upon request.
- Current OwnerContact for Info
- EmployeesContact for Info
- Reason For SaleOther Interests
- Seating48 Inside and 12 Outside
- Square Feet2,000 +/-
- ParkingContact for Info
- LicensesABC Beer and Wine, Business and Health Permit
- Open Hours11:30am - 9pm Daily
- ExpirationOctober 2023
- Yearly Increase4% Yearly Increases
- Option5 Year Option
- Monthly Revenue$97,984
- Monthly Cash FlowContact for Info
- Annual Revenue$1,175,812
- 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.