Remodeled Restaurant, Bar & Banquet Rooms With Seller Financing In Downtown Location
Rrc# 1310
Location: San Francisco, California
Offered At: 255,000 (Price Reduction)
Down Payment: 127,000
Note: 127,000
Revenue: 97,900 / Month
Lease Rent: 4,000 Versus 7% Of Sales
Listing Description
-------------------
A Strong Downtown Location Located On The Ground Floor Of A Hotel With Street Exposure. Within Close Proximity Of This Site Is Union Square, The San Franciso Center, Thousands Of Hotel Rooms, Hundreds Of Thousands Of Square Feet Of Office Space, Thousands Of Residential Units And All Of The Major Downtown Department Stores And Other Retail Outlets. This Restaurant, Bar And Two Private Banquet Rooms Were Recently Remodeled At A Cost Of Over 325,000 And Have High Ceilings, Marble Table Tops And Marble Bar Counter, Hanging Light Fixtures, And A Combination Of Comfortable Booths And Banquette Seating. The Business Only Operates For Dinner Six Nights A Week So There Is Upside For An Extra Night Of Dinner And Breakfast And Lunch Seven Days A Week. There Is A Main Dining Room, Full Kitchen, Prep Area, Separate Bar Area And Two Intimate Banquet Rooms - One Of Which Holds 30 Sit Down And 60 Reception And The Other Holds 24 Sit Down And 30 Reception. Some Of The Equipment Includes As Follows: 12' Type 1 Hood With Fire Suppression System, 2 Compartment Sink, Full Door Freezer, Full Door Glass Refrigerator, Hand Sink, Aloha Pos System With 3 Terminals And 5 Printers. Refrigerated Wine Cabinet, 3 - 48' Flat Screen Tv's, 3 Compartment Sink, Ice Bin And 3 Door Undercounter Refrigerator. The Following Equipment Is Rented For 1195 A Month And Can Be Eliminated With 30 Day Notice: 6 Burners Over Stove, 4 Burners Over Stove, 2'6" Chargrill, 1 Group Espresso Machine, Slicer, 2 Door Undercounter Refrigerator + 2 Beer Taps, 2 Full Door Refrigerator And 3 -2 Door Undercounter Refrigerators+ Sandwich Stations. The Guests Have Use Of The Hotel Restrooms In The Lobby And There Is An Office Area And Storage Area. The Hard Liquor License Is Held By Both The Hotel And Restaurant And Cannot Be Transferred From The Hotel Premises In The Fuure. The Owner Works Only Part Time In The Business.
General Information
------------------
Seating: 40 In Dining Room,+20 In Bar Area, +30 In Banquet Room, +24 In Banquet Room
Square Foot/Size: 3,000 Approx
Parking: Valet And Parking Lots
License(S) Required: Business, Abc Type 47 (Hard Liquor)
Days Open/Hours: M-W 5p-10 Th-Sa 5p-11p.
|
