Own a Building that houses one of SF's most long standing American style diners within it.  It is located in the Richmond District along one of SFs best restaurant and business corridors.  The business has existed for over six decades and a new building and business owner can carry on the legacy or bring in a fresh new concept for the neighborhood.      Broker has secured a SBA pre-approval for a qualified owner operator who can make a 30% down payment.  Fixed rate of 7.65% for 25 years.   The building was built in 1913 and sits on a ~2247sf lot. 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 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 San Francisco in general.   The patio could easily be reconfigured to add more seating and aesthetics for comfort like heating or lighting, and become a destination patio dining space.   The current business owners have been profitable and have a good Seller Discretionary Earnings bottom line. They recently bought the building and are ready to pass the torch to a new motivated business owner and building owner.     The space is equipped, the concept is a SF staple! Don't miss this rare opportunity to own a San Francisco building and legacy business in a great and safe part of San Francisco.    Reach out now to Andy Mirabell for more information.

General Info

  • OrganizationCorporation
  • Established1960
  • Current Owner2016 business, 2022 building
  • Employees6-8
  • Reason For SaleRetirement

Facilities

  • Seating49 inside, 25+ Garden Patio
  • Square Feet827+/- sf 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

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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