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Businesses For Sale   >>   Banquet Businesses For Sale   

Restaurant & Bar With Banquet Rooms For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $868992
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
Asking Price: $195,000 Yearly Revenue: $868,992 Monthly Rent: 4,900 vs 7% of sales A strong downtown location located on the ground floor of a busy hotel with street exposure. Within close proximity of this site is Union Square, the theater district, the San Francisco Center, thousands of hotel rooms, millions of square feet of office space, thousands of residential units and all of the major downtown department stores. This restaurant, bar and two private banquet rooms have high ceilings, marble table tops and marble bar counter, hanging light fixtures, and a combination of comfortable booths and banquette seating. The business only operates for dinner and there is upside for breakfast and lunch seven days a week. There is a main dining room, full kitchen, prep area, separate bar area and two intimate banquet rooms - one of which holds 30 sit down and 60 reception style and the other holds 24 sit down and 30 reception style. Some of the equipment includes as follows: 12' type hood with fire suppression system, 2 compartment sink + rinse hose, dishwasher, 2 full door refrigerator, 3 door under counter refrigerator, full door freezer, 2 door under counter refrigerator + sandwich station, 2 - 2 door under counter refrigerator + sandwich station, convection oven, 2 single basket fryers, full door wine refrigerator, POS system, 2'6'' x 3' chargrill, 4 burners over oven, 6 burners over oven, ice machine, hand sink, 2 group espresso machine, 3 compartment sink, ice bin, 3 door under counter refrigerator, slicer, 2 full door refrigerators(1 had glass door), etc. Most of the equipment is rented. There is a basement which is used as a storage area and office area. The guests have use of the restrooms in the hotel lobby.


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