Business Overview:
Currently Not Available.
Remodeled Restaurant & Wine Bar with Below Market Lease
Offered at: $225,000
Location: San Francisco, California
Revenue: $30,000 per month
Listing Description:
This beautifully designed restaurant and wine bar with a below market lease is in a prime location in the Nob Hill area. The restaurant is in a highly visible location with a glass frontage, high ceiling and high quality finishes on the bar and floor. There is a combination of bar height tables and bar height stools and the restaurant has an open airy feeling. Some of the equipment includes as follows: 10' type 1 hood with fire suppression system, 2 hand sinks,1 door under-counter refrigerator, ice machine, under-counter dishwasher, 3 compartment sink plus rinse hose, 2 full door refrigerators, mop sink, utility sink, slicer, rotary toaster, full door refrigerator, double basket fryer, 3' flat grill+6" x 3' char-grill plus 6 burners over 2 ovens, microwave, 2 door under counter refrigerator plus sandwich station, full door freezer, and sushi refrigerator, etc. There is also an employee restroom, customer ADA restroom and large basement which is used for storage. The basement has two points of entry so it could be converted to a banquet room for additional seating and/or private banquets. There is also an adjoining space next door of 650 square feet available which can be used for an expanded restaurant and the rent is only $800 month. The existing lease rent is $1,500 month and expires in 2013 and has modest yearly increases and there is a five year option. There is upside for increased sales and profits as the restaurant is closed on Mondays and is open for dinner only 6 nights a week so there is upside for an extra day of business and lunch/brunch seven days a week.
General Information:
Organization: Partnership
Seating: 35 Plus
Square Foot/Size: 1,500 plus full basement
Parking: Street
License(s) Required: Business, ABC Type 41 (Beer & Wine)
Days Open/Hours: 6 / T-Th, S 5:30p-10p F,SA 5:30p-11p
Lease Information:
Lease Rent: $1,500 per month
Lease Expiration: 1/31/2013
Yearly Adjustment: Small fixed increases
Lease Option: 5 years.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.