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Neighborhood Italian Restaurant
Location: United States -> California -> Northern California - All Northern California -> San Francisco County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Neighborhood Italian Restaurant With Loyal Following; $128,000 Profit

RRC#: 3336
Asking Price: Offered At $220,000
Location: San Francisco County
Annual Revenue: $752,413
Annual Cash Flow: $161,000
Monthly Rent: $5,927

Listing Description:
This popular neighborhood Italian restaurant is located on a corner of a busy street of San Francisco that has a lot of foot traffic and car traffic. They serve classic Italian dishes, including pizzas and pastas. The restaurant seats up to 70. In addition to having a loyal local following, this restaurant has high reviews on both Google and Yelp. They were featured on an episode of ''Check Please,'' a show on local television dedicated to reviewing Bay Area restaurants. The business opened its doors in 1987 and has been family owned ever since. Three years ago, it moved to the current location, and the owners spent $300K on a remodel, which included the installation of a new type 1 hood. The compressor for the walk-in refrigerator is also new. There is potential to grow the business by increasing lunch sales and leveraging the room that is available for private parties. There is a large downstairs basement area that is used for storage and office space. Equipment that includes, 12 burner stove with ovens, 12′ hood type 1 hood, 2 one door under counter refrigerator, coffee brewer, espresso machine, ice cream freezer, ice machine, dishwasher, salad prep with two door under counter refrigerator, 3 comp sink, 3 reach in freezer, walk in refrigerator. There are also ADA restrooms.

General Information:
Organization: Contact For Info
Established: 1987
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $62,701
Monthly Cash Flow: $13,430
Annual Revenue: $752,413
Annual Cash Flow: $161,000
Payroll: Contact For Info
Monthly Revenue: $62,701
Monthly Cash Flow: $13,430


Financials

Asking Price Range:  < $250K
Gross Revenues:   $752,413
Cash Flow:   $161,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700335462
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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