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RE:  Under $2sf In SF!! Lock In NEW Below Market Lease Contact:  Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $115,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 298611533
Broker Reference #: 4589

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Business Overview:

Under $2sf in SF!! Lock In This NEW Below Market Lease Now. Amazing Space w/ Like New Design & Bonus Kitchen is FOR SALE

RRC# 4589
Location: 35 Kearny Street, San Francisco

Description:
Don't miss out on this amazing space that was previously Flybird SF!
Flybird was a quick-service location, fried chicken focused concept, that is priced to sell fast. A new below market rent will be approved for a qualified new tenant.
The time is now to lock in this below market lease as the Financial District is coming back to life again!


The design and function of this space is stunning. Avoid the headaches of dealing with SF city planning and the money pit and time delays that can ensue and get into this
like-new central location for $115k.

This fast service restaurant located at 35 Kearny was newly designed, built, then opened in late 2019. The owners spared no expense on the fresh, open design and premium equipment. The space is 1600sf in the main floor, and has another 1700sf of basement space that includes a huge prep kitchen, walk-ins, storage and much more. This space could easily support a secondary catering or ghost kitchen aspect, in addition to the main quick service restaurant on the main floor. The owners spent over $300k on this fresh space. The work included new electric w/3-phase, and plumbing, a 72' Ventless Hood system that supports their three large electric fryers, refrigeration, new HVAC, Custom Furniture, a large office, security systems and much more new equipment. A full equipment list can be provided upon request.

The space is ideally located at 35 Kearny for a robust lunch business, and shares the sidewalk space of beautiful Maiden Lane for seating and walking traffic. Concepts like SUSHIRITTO, just steps away, are doing a robust business in 2023!

During peak times, this business was serving roughly 600 Guests per day and had a healthy catering business. A Type 41 Beer & Wine license exists, and will transfer with the sale.

Save yourself the financial burden and headaches of building or remodeling a new restaurant in San Francisco, and get into this truly turnkey, newly designed premium space.


For more information please visit: https://www.restaurantrealty.com/listings/4589/

Financial Information:
Monthly Revenue: $40,000-$50,000
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact for Info

General Info:
Ownership: LLC
Established: 2019
Current Owner: 2018
Employees: Contact for Info
Reason For Sale: Consolidating
Monthly Rent: Amazing New Below Market Lease --- BELOW $2sf!
Expiration: Dec 31, 2025 plus 1 5-yr option

Facilities:
Square Feet: 1,090sf main floor, 1,200 Basement kitchen
Seating: 12 inside, 10 window seats, 8-12 Patio
Parking: Downtown lots and meters
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: Mon-Friday, when operating

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

Property Features and Assets:

Square Feet: 1,600 upstairs 1,700 basement kitchen/storage/office Seating: 12 inside, 10 window seats, 8-12 Patio Parking: Downtown lots and meters.

Reason for Selling:

Consolidating

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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