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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

North Beach Restaurant With Bar & Patio

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1080000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

Description  
This North Beach San Francisco restaurant boasts all of those attributes that restaurateurs typically seek, but that are so hard to find in the city's prime areas. The venue offers its patrons a quaint European atmosphere, a bar with liquor, a spacious outdoor patio, white zone valet parking and live music and entertainment on weekends. Asking Price $425,000 This 5,000 square foot restaurant, which includes what some consider the best patio in the area, leases for $9,500 per month on a lease until 2019 with one 8 year option. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. North Beach is a highly competitive neighborhood for bars and restaurants with good reason - locals and tourists alike visit the area for dining and entertainment. This bar and restaurant are able to provide patrons a unique atmosphere and patio offering, however, that has made it a favorite destination for many for years, and likely will for years to come. While the well-established venue has enjoyed years of success with its current menu and concept, however, new management will likely wish to capitalize on the business's most notable attributes but modify the concept to a revitalized one that will remain highly profitable another two and a half decades!


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