European bistro in vibrant part of san francisco
Annual gross revenue: $320,000
Annual net cash flow: $65,000
Furniture, fixtures & equipment: $30,000 (included in price)
Inventory: $5,000 (not included in price)
This well established, bistro-style restaurant is a turn-key opportunity with existing cash flow in a great location in the city.
Besides these attributes, this opportunity offers great equipment value. The equipment is high quality and in excellent condition. Included: a la rossa gelato freezer display case, 2 la rossa pastry display cases, a la marzocco espresso machine, a micro-convection oven, crepe machine, freezer and refrigerator, counter top grill, prep tables, prep sink, hand wash sink, 3-compartment sink and much more. This easy to operate restaurant does not have an exhaust hood and is not required to have one because it functions well with an efficient and effective micro-convection oven.
This restaurant offers delicious brunch, takeout, delivery and has a type 41 liquor license.
It is recognized for outstanding artistic cuisines, excellent service and friendly staff. This eatery is known for its modern interpretation of classic dishes and using only high-quality fresh ingredients
Location: san francisco, ca
Facilities: lease currently at $3,000 month (no triple net charges) expiring in 2019 with options through 2027. 1,200 sq. Ft. With about 30 seating inside and 16 seating outside. Located on a corner with lots of vehicles and foot traffic. There are several new condominiums built in the area and a 700 room hotel across the street.
Competition: there is a starbucks and many other restaurants in the area because there are so many people in the area that live there or are visiting.
Growth and expansion: the menu could be expanded or the concept changed. More assertive marketing could be done. The area continues to develop with even more residential and hotel units under construction or in the planning stages.
Support/training: the seller will provide up to 2 weeks, 20 hours per week, of training and introductions to further ensure a smooth transfer of ownership.
Reason for sale: moving
Year established: 2012
Employees: 6 part-time
Financing: the seller may provide some financing for a well-qualified buyer with a substantial down payment.