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Businesses For Sale   >>   Banquet Businesses For Sale   

Remodeled Rnm Restaurant / Bar For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $111111
Net Profit / Cash Flow  $111111
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1991
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Other interests.

Description  
LISTING DESCRIPTION: This uniquely located corner location in the desirable lower Haight Street District has been totally remodeled at a cost of $600,000. The restaurant has been tastefully designed and has wood floors, a large glass frontage, tall ceilings, a display kitchen, attractive bar with stainless steel top, and a combination of counter seating, tables and chairs and banquette seating. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 3' x 4' flat grill, 6 burners over oven, 2' x' 3' chargrill, double basket fryer, 4 burners, 3 glass door undercounter refrigerator, ice bin, 2 hand sinks, slicer, mop sink, 6 taps, 2 door + 2 drawer undercounter refrigerator + sandwich station, 4 deck pizza oven, Aloha POS system with 3 terminals and 4 printers,1 door undercounter refrigerator, 1 door undercounter freezer, convection oven, 3 compartment sink + rinse hose, utility sink, full door glass refrigerator, music system, floor model mixer, walkin refrigerator, 6 employee lockers, flat screen TV, etc. There is also a separate delivery area, garbage room, storage areas, office and 2 ADA restrooms. Although the restaurant recently closed and was open for dinner only 5 days a week the past sales history were as follows: 2010 projected based on first 5 months would be $780,000, 2009 sales were $794,464 and 2008 sales were $925,377. There is upside for a new concept with increased hours and two additional days week of operations. The landlord will negotiate a new long term lease at current market rent.There is upside for a new concept with increased hours and two additional days week of operations. The landlord will negotiate a new long term lease at current market rent. The ABC license allows serving alcohol with food s GENERAL INFORMATION: Organization: LLC | Seating: 49+ Mezanine seating | Square Footage: 1,850 + Mezanine | Parking: Street | Licenses Required: Business, ABC Type 47 (hard liquor) | Reason For Sale: Other interes


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