Description About This Posting: Restaurant With Banquet Room
World Renowned Waterfront Location, Restaurant And Banquet Room With Long Term Lease
Asking Price: $1,795,000
Location: San Francisco, San Francisco County, California
Yearly Revenue: $2,468,064
Yearly Cash Flow: Contact For Info
Monthly Rent: $25,250
This unique opportunity has the upside to do sales in the $10 Million + range and in the 90''s this business did $8.5 Million in sales. The current ownership does not have a restaurant background so an experienced operator coupled with a serious remodel could turn this opportunity into a $10 Million + sales business. This business is located on a waterfront location and every seat has waterfront views. There are 19 years remaining on the lease and the rent is extremely reasonable for the size of the business. There is a separate bar area which seats 60, separate banquet room which seats 100+ (which includes its own service bar which includes 4 taps, ice bin, 3 compartment sink, POS, 4 door under counter refrigerator) and the main dining room seats approximately 140. The main dining room has a combination of booth seating and table and chairs. There are outside decks surrounding the perimeter of the building which accommodate another approximate 100 seats. There are four restrooms (2 of which are ADA), office areas, several storage areas, 2 employee change rooms with lockers and employee restrooms. There are two kitchens, a large prep area, dish washing area and a receiving area . The main kitchen includes the following equipment: 21" type 1 hood with fire suppression system, upright broiler, 3'' char broiler, 2 double basket fryers, 3 - 6 burner stoves with ovens underneath, 3 hand sinks, 4 - half door refrigerator, 2 - 4 under counter refrigerator drawers with sandwich stations on top, 3 compartment steam table, 2 - 3 compartment sinks, 2 utility sinks, slicer, soup warmer, microwave, 3 door under counter refrigerator + sandwich station on top, full door freezer, full door glass refrigerator, dishwasher, dish washing sink + rinse hose, mop sink, POS system, ice machine, bread slicer, 2 door under counter refrigerator, 1 door under counter refrigerator. In the bar area there are 6 TV''s, 3 door under counter refrigerator, 3 ice bins, 3 hand sinks, 2 -3 glass door under counter refrigerator, under counter dishwasher, 3 compartment sink, 2 taps, 3 door under counter refrigerator and an espresso machine. The other kitchen includes the following: 10" type 1 hood with fire suppression system, counter model mixer, full door refrigerator, 2 under counter refrigerator doors, 4 compartment steam table + 1 under counter refrigerator door, 4 compartment steam table, dishwasher, dish washing sink + rise hose, 2 compartment sink, stock pot burner, 2- 3[ char grills, 2 burners, 2 door under counter refrigerator and 4 half door refrigerator, etc. This is an outstanding opportunity for an experienced restaurant bar operator.
Organization: Corporation | Seating: 200+ inside plus 100 outside seats | Square Footage: Large | Parking: Parking garages and street | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 days Lunch and Dinner | Reason For Sale: Other Interests |
To get more information about this Restaurant With Banquet Room business for sale in
San Francisco please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #231964 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant With Banquet Room, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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