Prime Castro District Restaurant & Beer/wine Bar Outdoor Seats $1+ Million Sales $136,000 Profit
Asking Price: $95,000
Location: San Francisco County, San Francisco County, California
Yearly Revenue: $1,008,000
Yearly Cash Flow: $135,996
Monthly Rent: 15,208 all inclusive
Over half million dollars was spent on building out this handsomely designed restaurant. There is a large glass frontage, outdoor seating area with heat lamps, bar area and full kitchen. There are high ceilings, ceiling fans and wood floors and a bar with 8 bar stools, and a combination of bar height tables and bar height seats, tables and chairs and banquette seating. There are two restrooms (one of which is ADA), storage areas and an office area. Some of the equipment includes as follows: 13'' type 1 hood with fire suppression system, 15 drafts, 5 flat screen TV''s, 2 walk-in refrigerators, 6 - 2 door under counter refrigerators ( 2 with sandwich stations & 1 has glass doors), 6 compartment food warmer, 2 hand sinks, utility sink, 3 compartment sink, dish washing sink+ rinse hose, multi-unit condiment container with pumps, 4'' - in freezer, multi-zone surveillance system, 1 door under counter refrigerator, food warmer, soup warmer, mop sink, dishwasher, ice machine, 3 full door freezer, and 6 employee lockers, etc. The owner is absentee and a hands on owner operator could greatly increase sales and profits. All interested parties should check out the business during Saturday and Sunday brunch to see how smoothly it runs during very busy periods.
Organization: Corporation | Seating: 40 inside + 12 outside | Square Footage: 1650 + 500 upstairs | Parking: Street | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 7: M-F 11a-11p SA, S: 9a-11p | Reason For Sale: Other Interests |
Monthly Rent: 15,208 all inclusive | Lease Expiration: 5/31/23 | Yearly Adjustment: 4% or CPI | Lease Option: 3 years |
To get more information about this Restaurant 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 #236054 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant, 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
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Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
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