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Downtown Location - Two Restaurants Plus Bar
Location: United States -> California -> Northern California - Bay Area -> San Francisco
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Downtown Location; 2 Restaurants + Bar:: $2.6 Million Sales; $559,000 Profit; SBA Loan Pre-Approved

RRC#: 3529
Asking Price: Offered At $1,225,000
Location: San Francisco County
Annual Revenue: $2,573,904
Annual Cash Flow: $559,272
Monthly Rent: $13,000

Listing Description:
This is a unique opportunity to own a high volume cafe next door to a successful restaurant and bar. This business has been pre-approved for an Small Business Administration (SBA) Loan which means with 20% down the bank will finance 80% of the sales price. The restaurant & bar operation has a unique decor and was recently remodeled at a cost of approx $480,000. The decor is beautifully decorated with unique artifacts, stained glass, a granite top bar with 14 bar stools and a comfortable dining room and cocktail lounge. Some of the equipment includes as follows: 9′ type 1 hood with fire suppression system, 6 burners over oven, double basket fryer, 2′ x 3′ char grill, 2 1/2′ x 3′ flat grill, 5 TV's, full door glass refrigerator, 3 glass door undercounter refrigerator, 2 ice bins, 3 compartment sink, 3 door undercounter refrigerator, 2 door undercounter refrigerator + 4 taps, hand sink, walk-in refrigerator, ice machine, 3 compartment sink + rinse hose, microwave, 16 zone surveillance system, 2 full door freezer, slicer, counter mixer and 3 POS units, etc. There are also several storage areas and 2 restrooms. The two restaurants share some of the back of the house space. The other cafe has a large glass frontage and the dining room has an open airy feeling with tables and chairs, banquette and booth seating and some counter seats. Some of the equipment includes as follows: 8′ type 1 hood with fire suppression system, 4′ flat grill over oven, salamander, 6 burners over oven, double basket fryer, 3 compartment steam table, 3 door undercounter refrigerator, 4 taps, 2 group espresso machine, full door glass refrigerator, slicer, rotary toaster, full


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,573,904
Cash Flow:   $559,272
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
Property:  Property For Lease




Print Listing Id: 700341916
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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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