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Business for Sale Overview:

Offered At: $195,000 (NEW PRICE REDUCTION) Prime Valencia Street Area-Corner Location, RRC#: 1271 Location: Valencia Street, Area: San Francisco, California. Listing Description: This remodeled restaurant is a prime corner location in a busy intersection in the highly desirable and fast growing Valencia Street area. The restaurant is highly visible with large wrap around glass frontages facing two major streets and the restaurant has an open airy but yet intimate feeling. There is a tile floor, high ceiling, a display kitchen, beer and wine bar and a combination of tables and chairs and banquette seating. There is also a full basement that is used as an office and prep kitchen but could also be converted to dining as there are two entrances/exits for easy access. Some of the equipment includes as follows: type 1 hood with fire suppression system; POS system with 1 monitor and 3 printers; 2 full door glass refrigerator; 4' drop-in freezer,;full door glass refrigerator; full door freezer, slicer, 2 hand sinks, 3 compartment sink, ice machine, walk-in refrigerator; mop sink; 2 - 3 door undercounter refrigerators (1 with 2 taps and 1 with sandwich station); 2 group espresso machine; salamender; 3' chargrill; 4 burners over oven; 6 burners over oven; and 2 compartment sink + rinse hose, etc. There is upside for lunch business Monday - Friday and brunch business on the weekends.

Property Features and Assets:

General Information: Organization: Sole Proprietorship Year Established: Contact For Info Current Owner: Contact For Info # of Employees: Contact For Info Seating: 50 Square Foot/Size: 1,600 Parking: Street Lic. Required: Business, ABC Type 41 (Beer & Wine) Days Open/Hours: 7 / S-Th 5:30p-10p; F, SA 5:30p-11p Reason For Sale: Other interests. Financial Information: Revenue: $50,000 / month Cash Flow: Contact For Info. Current Inventory: Contact For Info Payroll: Contact For Info Lease Information: Lease Rent: $3,670 / month. Lease Expiration: 3/31/2012. Yearly Adjustment: CPI Lease Option: 5 years Security Deposit.

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.