Search

Restaurant

  • Status: Available
  • Price: $150,000

Steve McAdaragh

License No:
DRE #01424842
Email:
steve@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4070
  • Status: Available
  • Area: San Francisco
  • Price: $150,000

Description

Popular family owned neighborhood restaurant located in the inner sunset of San Francisco. Seller claims 2021 Net Profit $68,000. Current hours of operation are Tuesday Thru Sunday (5pm-9pm).Prior to Covid the sellers netted over $100,000 in 2019. New owner has potential to increase sales with extending operating hours including Lunch. The Restaurant has Type 41 license which is included with asking price.  Occupancy approximately 36 seats. Rent is $4,550 per month. Lease expires 2026 with 1 x 5 years option. There is 4 x big Coolers, 2 x Small Coolers, 2 x Big Stove, 1 x Oven, 1 x Large Type 1 Hood, and a Storage room. Great opportunity for owner operator. Seller claims his Annual Gross Sales 2021 $194,000.00

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant / Cafe
License(s) Required: Business, Health, ABC
Hours of Operation: 5.00pm-9.00pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4070
Date Available: 12/22/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
Revenue:
Annual Net Income:
68,000
Inventory:
5,000
Monthly Payroll:

Lease Information

Base Rent:
4,550/m
Lease Expires:
2026
Lease Option:
1 x 5 years option
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County