Established Restaurant & Bar on Prime Corner

SAN FRANCISCO, California

Asking Price	$495,000	Year Established	1985
Annual Revenue	$2,470,754	Reason for Selling
Annual P/L	$0	Attention	Steve Zimmerman
Annual Cash Flow	$180,632	Listing Number	985483
# of Employees		Business Category	Food & Beverage: Restaurants, Fast Food, Deli

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

Property Features and Assets:

<p><br></p><p>Facilities:</p><p>Square Feet: 5,040</p><p>Seating: 200+ </p><p>Parking:  Street and parking lots</p><p>Licenses: Business, ABC Type 47 (hard liquor) </p><p>Days/Hours of Operation: 7 / 11a-9p</p>

Market Competition and Expansion:

<p><br></p><p>General Info:</p><p>Ownership: Inc  </p><p>Established: 1985</p><p>Employees: Contact For Info </p><p>Reason For Sale: Other Interests</p><p>Monthly Rent: $25,000 all inclusive </p><p>Expiration: Negotiable </p>

Additional Details: