San Francisco Landmark Restaurant/bar - $3.6+ Million Sales - $400,000+ Profit - Long Term Lease
Asking Price: $995,000
Location: On Major Thoroughfare, San Francisco, California
Yearly Revenue: $3,600,000
Yearly Cash Flow: $415,200
Monthly Rent: $15,000 + NNN
This is a rare opportunity to purchase one of San Francisco's most popular restaurant/bar businesses that has been an institution for over 60 years. The restaurant serves an average of between 800 to 900 customers daily with a loyal customer base. There is a lot of upside for increased sales and profits due to extensive new development going on in the immediate area.
Great visibility and location adds to its appeal. This restaurant has the potential of grossing over $5 million once the extensive development in the area is completed.
The business has a separate long bar and several private seating areas throughout with a combination of booth seating and tables and chairs, has high ceilings, a full kitchen and a large amount of storage space. Some of the equipment includes as follows: 13'' type 1 hood with fire suppression system, 3 - 6 burner units with ovens underneath, 2 compartment steam table, 2 ovens, 3 hand sinks, 2 walk-in refrigerators (1 with two door pass thru), 2 compartment sink, buffalo chopper, dish washing sink + rinse hose, ice bin, 2 glass door under counter refrigerator, 3 glass door under counter refrigerator, 2 - 2 door under counter refrigerators (1 with 6 taps on top), 3 compartment sink. 3 cash registers, 4 flat screen TV, 3 door under counter refrigerator, 4 door under counter refrigerator, single spindle mixer, 1 group espresso machine, holding oven, food warmer, 5'' cold top buffet table, 3 & 5 compartment steam table, 9 zone surveillance system, 3 full door refrigerator, 24 employee lockers, 3 full door freezer, 2 full door refrigerator and ice machine, etc.