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RE:  Well Located Restaurant In Bustling Marina Contact:  Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $199,900
Annual Revenue: $1,175,812
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 521611533
Broker Reference #: 4389

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Business Overview:

Well Located Restaurant in Bustling Marina District With Outdoor Seating

RRC# 4389
Location: San Francisco

Description
Restaurant space for sale at an amazing location in San Francisco’s bustling, upscale Marina district. This area enjoys heavy foot and vehicle traffic all day and into the evenings seven days per week. The area is populated by affluent residents, and visited by people who have money to spend. This space presents an excellent opportunity for prime positioning.

The restaurant is currently an Asian concept. A new owner/operator could continue the current concept, or install a new one. All of the necessary infrastructure is in place, including a Type 1 hood and a walk-in refrigerator, as well as a hot cooking line. The inside seats 48, and the outside parklet area seats 18.

The current restaurant has been in business for almost 10 years and the space and location has done very well for them. The revenue for the last several years are as follows; 2018 - 1,275,000, 2019 - 1,239,000, 2021 - 1,175,000 and 2022 annualized revenue is projected at 1,147,000.

The restaurant is equipped with 6' type 1 hood on the front line and 10' type 1 hood in the back of house, walk in refrigerator, two door reach-in refrigerator, steam table, flat-top grill, char-grill, fryer, 6 burner range with oven, 3 door under-counter with prep, 2 door under-counter with prep and an ice machine and much more. A full equipment list is available upon request.

Financial Information
Monthly Revenue: $97,984
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,175,812
Annual Cash Flow: Contact for Info
Payroll: Contact for Info

General Info
Organization: LLC
Established: 2013
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $15,298
Expiration: October 2023 plus 5 Year Option

Facilities
Square Feet: 2,000 /-
Seating: 48 Inside and 12 Outside
Parking: Contact for Info
Licenses: ABC Beer and Wine, Business and Health Permit
Days/Hours of Operation: 11:30am - 9pm Daily

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Property Features and Assets:

Square Feet: 2,000 /- Seating: 48 Inside and 12 Outside Parking: Contact for Info

Reason for Selling:

Other Interests.

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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