Price Range: From to

Compare Listings

Turn-Key SF Mission Location; Favorable Low Rent/Long-Term Lease; Recent Build-Out

598, Guerrero Street, Liberty Street Historic District, San Francisco, California, 94110, United States of America
$325,000

Business For Sale Details

Updated on March 26, 2020 at 10:15 am

  • Property ID: RRC#3582
  • Price: $325,000
  • Building: 2133 sq. ft.
  • Type: Cafe for sale
  • Status: Business For Sale
  • Rent: 7205
  • Lease Expiration: 2028
  • Revenue (Yearly): $1,457,963
  • Days/Hours of Operation: 11am - 9pm Daily
  • Seating: 45
  • Parking: Street Parking
  • Licenses: Health, Business, Beer and Wine
  • Lease Security Deposit: 10,000
  • Lease Options: 2 Five Year Options

Description

Newly renovated location with an excellent lease on a busy corner in San Francisco’s hip Mission District. The business is situated in a trendy part of town that is frequented by locals and tourists alike, near Tartine Bakery, BiRite Market, Delifina Pizza and close proximity to Dolores Park. It is accessible by MUNI and BART.
The current name, concept, and menu are not included in the sale. The sale of this location presents an excellent opportunity for a concept to purchase a turn-key operation that is ready for action. The recent renovations to the space increase the location’s capacity for food production, thus enhancing its ability to capitalize on delivery business. The sale includes a beer and wine license that covers both on- and off-site sales, meaning alcohol can be sold with all delivery and to-go orders. This significantly enhances the opportunity to generate revenue through food delivery app-based business.
The current lease goes through 2028 with fixed yearly increases, and has two five-year options. The street-level space is 1,105 sqft, the mezzanine is 278 sqft, and the basement is 750 sqft for a total of 2133 sqft; the total monthly rent including common area charges and NNN is $7205.
The extensive list of specific recent upgrades includes the following: – All new flooring – New entry ramp to code – Custom white oak counters – New interior and exterior paint job – Custom light fixtures and new lighting throughout – New security system including six cameras – New sound system – Ceilings and some walls layered with sheetrock to meet fire code – Stairs to mezzanine rebuilt to code – All new plumbing – All new electrical – New ansul system – New exhaust fan on roof – Addition of employee bathroom – All lighting and mechanical brought to Title 24 code requirements – Customer restroom brought to current ADA standards – Office outfitted with full IT capabilities.
The following equipment is included in the sale: One type-one hood in the kitchen with all hot-line equipment including fryer, stove, and oven. Additional type-one hood on the front line with a brand-new rotisserie. One Rational Combi oven. Brand-new, large walk-in refrigerator. Two-door reach-in freezer. Under-counter fridge with prep. Additional under-counter fridge. One-door beverage cooler. Traulsen quick-chiller.

A full list of equipment and renovations is available upon request.

Business For Sale Location:

  • Location: 598, Guerrero Street, Liberty Street Historic District, San Francisco, California, 94110, United States of America
  • City / County: San Francisco County
  • State / Province: California
  • Country: United States

Page Views

Make an inquiry about this Business For Sale

PREVIOUS BUSINESS FOR SALE

No Rent Next 16 Years! Attractive Restaurant & Beer Garden, Hot LA Location, Nearly $1,700,000 Sales

NEXT BUSINESS FOR SALE

Award Winning Restaurant & Bar in One of the Most Desirable SF Neighborhoods – $4+ Million Sales, RRC#3555