Established Restaurant & Bar On Prime Corner

Business Overview:

Established Restaurant & Bar on Prime Corner; $2.4+ Million Sales, $180,000+ Profit; Pre-Approved SBA Loan

RRC# 5018 

Location: San Francisco 

Description:

This well established business is located on a prime corner and has been in business for over 40 years and is pre-qualified for an SBA Loan. The location is on a major thoroughfare and there are several hundred high end residential condominiums, a major entertainment center and many multi-unit residential buildings and office buildings nearby.   The restaurant has a large glass frontage wrapping around the entire facility which gives the business an open airy feeling.  The facility includes a dining room  that has a combination of booth seating, banquette seating and tables and chairs, a covered patio seating area with heaters,  a full bar, display kitchen, take out counter and large prep kitchen. There are also 2 ADA restrooms, storage areas, office and employee locker room with 30 lockers.  Some of the equipment includes as follows:  16' type 1 hood, 6 burners over oven, 2 burners, 4' flat grill, 3' char grill over 2 under counter refrigerator drawers, 3' grill, 2 double basket fryers, food warmer, 2 microwaves, walk-in refrigerator, walk-in freezer, ice maker, bread slicer, dishwasher,  dishwashing sink+ rinse hose, 3 compartment sink, mop sink, 2 group espresso machine, coffee maker, 3 -2 door under counter refrigerators (one with 4 taps), 2 ice bins, 3 hand sinks, 1 door under counter refrigerator, 5 compartment soda dispenser, 2 compartment soup warmer, 6' drop-in ice cream freezer, 3 door glass under counter refrigerator, lettuce refrigerator, 8 under counter refrigerator drawers with sandwich station on top, 4' cheesemelter, 2 door + 2 drawer under counter refrigerator + sandwich station on top, 2 under counter food warmers, steamer, slicer, 8' non-refrigerated display case and POS system, etc.  Past years sales and profits are as follows:  2022:  $2,588,952 sales and $213,759 profit;  2023:  $2,684,311 sales and $246,908 profit.

Financial Information:

Monthly Revenue: $205,896 

Monthly Cash Flow: $15,052 

Annual Revenue: $2,470,754 

Annual Cash Flow: $180,632 

General Info:

Ownership: Inc  

Established: 1985

Employees: Contact For Info 

Reason For Sale: Other Interests

Monthly Rent: $18,600 

Expiration: Negotiable 

Facilities:

Square Feet: 5,040

Seating: 200+ 

Parking:  Street and parking lots

Licenses: Business, ABC Type 47 (hard liquor) 

Days/Hours of Operation: 7 / 11a-9p

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Facilities:

Square Feet: 5,040

Seating: 200+ 

Parking:  Street and parking lots

Licenses: Business, ABC Type 47 (hard liquor) 

Days/Hours of Operation: 7 / 11a-9p

Market Competition and Expansion:

General Info:

Ownership: Inc  

Established: 1985

Employees: Contact For Info 

Reason For Sale: Other Interests

Monthly Rent: $25,000 all inclusive 

Expiration: Negotiable 

Reason for Selling:

Kindly ask the seller for more information.

Additional Details:

Documents:

Relevant Links:

• View more California businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker