Own a piece of SF history with this long standing and successful cafe/diner.  It is located on one of SFs best restaurant and business corridors within the Richmond District.  The business has existed for over six decades and a new owner can carry on the legacy or bring in a fresh new concept for the neighborhood.    The interior is shy of 1000sf, and includes an open kitchen with a Type 1 hood and upgrades made to the space and kitchen in 2017.  There are two ADA bathrooms. The total property, which the tenant has full use of is ~2250sf, and includes a Private Garden Patio in back, as well as a walk in unit, extra storage and garbage area.  The existing patio is a rare gem in this neighborhood, and for SF in general.   The patio could easily be reconfigured to add more seating and esthetics for comfort like heating or lighting.    The current business owners have been profitable and have a good SDE bottom line. They recently bought the building and are ready to pass the torch to a new motivated business owner and operator, and simply be landlords.  The owners are lovely folks who understand restaurant operations as they have owned the restaurant there since 2016.    The space is equipped and ready to go! Please request a full equipment list and get ready to tour this neighborhood gem!

General Info

  • OrganizationCorporation
  • Established1960
  • Current Owner2016
  • Employees6-8
  • Reason For SaleRetirement

Facilities

  • Seating49 inside, 25+ Garden Patio
  • Square Feet827sf inside + 1,421 Patio and Storage
  • ParkingEasy Street Parking
  • LicensesType 41 ABC Beer & Wine, Health, Business
  • Open Hours10am-9pm Daily (10am-10pm Sat-Sun)

Lease

  • RentNegotiable, ~$7,500
  • ExpirationLong Lease Available - New Lease
  • Yearly Increase3-4%
  • OptionYES - New Lease for New Owner
  • DepositTwo Months Rent

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollRoughly $10,000, owner pays herself $3,600/month

Financing

  • 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.

Location