Business for Sale Overview:
Prime Castro District Restaurant with $96,000 Profit.
Listing Description: Well established restaurant in the heart of the Castro district with a large glass frontage and strong visibility on a major busy street with upside for expanded hours of operation. This is a quasi-absentee owner operation so a hands on owner operator could have a strong impact for increased sales and profits. Some of the equipment includes as follows: POS system with 2 monitors and 3 printers, walk-in refrigerator, 3' ice cream freezer, utility sink, 3 compartment sink + rise hose, 7' type hood with fire suppression system, 3 compartment steam-table, 2 door under-counter refrigerator and microwave, etc. The following equipment is rented month to month for $710 which includes: ice machine, full door freezer, 2 - 2 door under-counter refrigerators (1 with sandwich station on top), double basket fryer, 6 burners over oven, salamander, 2' x 3' char grill, 4' beer box, 1 door under-counter refrigerator, and ice bin. There is a an office area, storage area with employee lockers and a prep area.
RRC# 1367; Offered At: $199,000 (NEW PRICE REDUCTION); Location: Castro District, San Francisco, California; Revenue: $61,250 / Month ($735,000 Yearly); Cash Flow: $8,049 / Month ($96,588 Yearly); Lease Rent: $6,450 / Month; Lease Expiration: 2013.
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.
Property Features and Assets:
General Information: Organization: Sole Proprietorship; Seating: 40 inside + 4 outside; Square Foot/Size: 1,000; Parking: Street; License(s) Required: Business, ABC Type 41 (Beer & Wine); Days Open/Hours: 7 / M-Th 11:30a-10:30p F 11:30a-11p SA 10a-11p S 10a-10p.
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.