Business For Sale

Newly Remodeled Restaurant In Hip San Francisco

Not Disclosed, CA
San Francisco County


Asking Price: Annual Revenue:
$229,900 $456,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Newly Remodeled Restaurant In Hip San Francisco Broker: Steve Zimmerman

Quick Facts

Asking Price: $229,900
Annual Revenue: $456,000
Net Profit: Not Disclosed
Cash Flow: $104,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 776911533
Broker Reference #: 3001

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Business Overview:

This restaurant is situated on a busy block in one of San Francisco's hottest neighborhoods. The location is a lively retail area with heavy foot traffic 7 days a week in both daytime and evenings. The restaurant has been open for less than one year in its current form, and the owner spent $300,000 on the recent build out. All of the equipment, furnishings, and decor are less than one year old. The lease is very favorable it features low rent and two five- year options at the end of the current terms. The current owner has very little restaurant experience, and although the business is currently profitable, there is the potential for significant growth for an operator who has restaurant experience and enthusiasm for building a business. The current concept is fast-casual Middle Eastern food - this could be left the same or modified easily based on the preferences of a new owner. The equipment includes an Alto-Sham combi oven with three separate compartments, which allows for cooking at three different temperatures in each compartment simultaneously. There are also two fryers a 10' type 1 hood a grill, a one-door refrigerator a two-door refrigerator a one-door freezer a one-door under-counter refrigerator two counter-top stoves a prep station with a three-door under-counter refrigerator another three-door under- counter refrigerator a three-comp sink. RRC#: 3001

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2017 | Current Owner: 2017 | Employees: 3 Fulltime 2 Partime | Seating: 20 | Square Footage: 1100 | Parking: Street | Licenses Required: Beer and Wine, Health and Business | Days Open/Hours: 11am - 9pm Monday - Friday 12pm-9pm Sat 12pm-7pm Sun | Reason For Sale: Other Interests.

FINANCIAL INFORMATION:
Yearly Revenues: $456,000 | Yearly Cash Flow: $104,400.

LEASE INFORMATION:
Monthly Rent: $3,895 | Lease Expiration: 2022 | Yearly Adjustment: 2.5% | Lease Option: 2 five year options | Security Deposit: $8,000.

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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.

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