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California's Largest Restaurant Brokerage - Specializing in Sales, Acquisitions & Leasing of Restaurants, Bars, Clubs & Related Commercial Buildings

Shorty Goldstein’s- San Francisco, CA

By in 2017 - Volume 19 with 0 Comments

Restaurant Realty Company is pleased to report the sale of Shorty Goldstein’s in San Francisco, California. The restaurant for sale was marketed by Restaurant Realty Company and the transaction was completed in March. The terms of the transaction are confidential.

This business occupies a premises that has been beautifully remodeled, and would be ideal for many restaurant concepts and styles of service. In particular, a combined restaurant and catering operation would be ideal, utilizing the approximate 1,100 sq. ft. street level for seating and line kitchen, and the restaurant’s approximate 1,300 sq. ft. lower level prep. and storage kitchen. Interior has exposed brick, distinctive lighting, ADA restroom, counter and table seating, and a semi- display line kitchen. The street level has a front counter with refrigeration and 2-terminal POS system, and line kitchen equipment with quarry tiled floor includes an 8′ type one hood, 6-burner range with griddle and two ovens, a convection/cook and hold oven unit and a self contained convection oven, air pot coffee brewer, a 2-door and a 3-door sandwich fridge, 3-compartment sink and hand sink. The lower level floor is fully quarry tiled, and has street access via an elevator for incoming and outgoing deliveries. Equipment and features include a very large 17′ x 11′ walk-in cooler with wire rack shelving units, 20 qt mixer with stainless stand, specialty bread slicer, a large all purpose commercial slicer, 3- stainless prep. tables, additional wire shelving units, 2-compartment sink, hand sink, 2- sheet pan roll racks, a floor sink and floor drains. There are two separate storage rooms for dry goods and equipment, a good sized private office, and separate room for trash and recycling containers. Buyers should be aware that the premises, the equipment and layout, all allow great versatility to transform and dial in a variety of potential menus, concepts and formats. Make full use of the ABC beer and wine license by installing taps and running beverage lines from the street level to refrigerated beer kegs in the huge walk-in cooler, making a craft beer, gastro-pub concept an easy option and great us for this space. Current monthly base rent is $7,606 + $274 in common area charges. Annual rent increases for the current lease term ending March 1, 2018, are based on CPI, with 2% min and 6% max. This structure continues for the first 5 year option, and then rent will go to an agreed market rental value with 5 year option #2. The business name, menu, recipes and branding are not included in the sale. The sale of this business offers buyers the combination of a premises that’s very well equipped, thoughtfully executed, in a dynamite location, with an attractive lease and rent package.

If you are interested in buying or selling a restaurant in San Francisco or leasing a restaurant space in San Francisco or anywhere else in California, please contact Restaurant Realty Company. Restaurant Realty specializes exclusively in the sales, acquisitions and leasing of restaurants, bars and nightclubs. Our listings include restaurant real estate, restaurant related businesses for sale, restaurant franchises for sale, and restaurant space for lease. If you are ready to sell a restaurant, bar or nightclub in San Francisco or anywhere in California, please contact us to start packaging your listing for a successful sale like the former owners of Shorty Goldstein’s.

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About The Author
Steven Zimmerman, CBI, M&AMI, CBB, FIBBA

Steve is the Founder, Principal Broker and Chief Executive Officer of Restaurant Realty Company. Steve has personally sold/leased over 1000 restaurant, bar or club businesses, sold many commercial buildings and completed over 4,000 restaurant valuations since 1996. His real estate experience also includes sales, acquisitions, management and ownership of numerous properties throughout California including restaurants, hotels, apartment buildings, single family houses, an office building and a multi-use retail building. Steve is also the author of Restaurant Dealmaker – An Insider’s Trade Secrets for Buying a Restaurant, Bar or Club available on Amazon. Prior to starting Restaurant Realty Company Steve had over 20 years of restaurant experience and was President and Chief Executive officer of Zim’s Restaurants, which was one of the largest privately owned restaurant chains in the San Francisco Bay Area. READ FULL BIO | HIRE EXPERT WITNESS - LEARN MORE