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Asking Price:	$299,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Other interests
Yearly Gross Income:	$771,600

Business for Sale Overview:

Intimate Restaurant And Bar In Prime Location. Location: Valencia Street Area; San Francisco, California. Offered At: $299,000 (PRICE REDUCTION)

Property Features and Assets:

Listing Description: This Intimately Designed Restaurant And Bar Is In A Prime Location In The Valencia Street District. The Dining Room Has A Combination Of Banquette Seats And Tables And Chairs, There Are Wood Floors, A Separate Bar Area And Lots Of Glass Windows. Although The Restaurant Has An Intimate Feeling The Space Has An Open Airy Feeling As Well. There Is Upside For Increased Sales And Profits By Opening For Lunch Daily. Some Of The Equipment Includes As Follows: 8' Type 1 Hood With Fire Suppression System, 2 Compartment Sink plus Rinse Hose, Double Basket Fryer, 1' X 3' Char Grill, 2 - 6 Burner Units Each On Top Of Oven, Salamender, 4 Refrigerator Drawers With Sandwich Station On Top, 4 Door Under Counter Refrigerator, Walk-In Refrigerator, Full Door Freezer, Ice Machine, 2 Door Under Counter Refrigerator, Micros Point of sale System With 2 Stations And 2 Printers, Hand Sink And 2 Ice Bins, Etc. There Is Also A Dish washing Area And Storage Areas. The Business Can Also Be Purchased Without The Type 47 Hard Liquor License For $100,000 Less Than The Asking Price.

Market Competition and Expansion:

General Information: Organization: LLC; Year Established: Contact For Info; Current Owner: Contact For Info; # Of Employees: Contact For Info; Seating: 64 plus 8 Outside Seats; Square Foot/Size: 1,700; Parking: Street; License Required: Business, ABC Type 47 (Hard Liquor); Days Open/Hours: 7am / 5:30pm - 10pm; Reason For Sale: Other Interests. Financial Information: Revenue: $64,300 per Month; Cash Flow: Contact For Info; Current Inventory: Contact For Info; Payroll: Contact For Info. Lease Information: Lease Rent: $4,658 per Month; Lease Expiration: 2/28/2011; Yearly Adjustment: Cpi 4% Minimum; Lease Option: 1 two year + 1 five year Security Deposit: Not Available. Financing Information: Down Payment: Contact For Info; All Cash: Contact For Info; Note Balance: Contact For Info; Rate/Term Of Note: Contact For Info.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for 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.