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Established Corner Restaurant In San Francisco’s Lower Pac Heights Neighborhood; $144k Net Income RRC#: 3637

San Francisco, California, United States of America
$195,000

Business For Sale Details

Updated on February 21, 2020 at 10:25 am

  • Property ID: 3637
  • Price: $195,000
  • Building: 1950 sq. ft.
  • Type: Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $500,001-$1,000,000
  • Cash Flow (Annual): $100,001-$150,000
  • Rent: $10,341
  • Lease Expiration: Negotiable
  • Year Established: 1994
  • Reason For Sale: Other Interests
  • Revenue (Yearly): $710,317
  • Cash Flow (Yearly): $144,094
  • Days/Hours of Operation: 2pm - 10pm Daily
  • Seating: 70 inside, 8 outside
  • Parking: Street
  • Licenses: Beer and Wine, Business and Health
  • Lease Security Deposit: $5,380
  • Lease Options: Negotiable

Description

Established Corner Restaurant In San Francisco’s Lower Pac Heights Neighborhood; $144k Net Income RRC#: 3637

Asking Price: Offered At $195000
Location: San Francisco County
Annual Revenue: $710,317
Annual Cash Flow: $144,094
Monthly Rent: $10,341

Listing Description:
Well-established corner location for sale in lower Pacific Heights. The restaurant features an extensive selection of beers on tap, and a menu featuring Northern California fare. The décor is upscale yet casual, and the space was recently renovated. The restaurant is near the Kabuki movie theater, an extensive shopping district, and the Fillmore auditorium. It is also surrounded by residential neighborhoods. There is a significant amount of foot traffic in the area seven days a week.

The kitchen is equipped with brick oven for pizza , 6 burner stove, 8′ type 1 hood, 2 door reach-in refrigerator, 2 door under-counter refrigerator with prep, 3 door under-counter refrigerator with prep, 3 door refrigerator, chest freezer, ice machine, prep sink, hand washing sink, dishwasher, 3 compartment sink.

The landlord is willing to negotiate a new, long-term lease with reasonable terms for the right buyer.

General Information:
Established: 1994
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $59,193
Monthly Cash Flow: $12,007
Annual Revenue: $710,317
Annual Cash Flow: $144,094
Payroll: Contact For Info

Business For Sale Location:

  • Location: San Francisco, California, United States of America
  • City / County: San Francisco
  • State / Province: California
  • Country: United States

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