Restaurant Realty Company

California's Largest Restaurant Business Brokerage - Specializing in Sales, Acquisitions and Leasing of Restaurants, Bars and Nightclubs

 
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415-945-9702
 

Contact Information
Mailing Address:
Restaurant Realty Company
21 Tamal Vista Blvd.
Suite #201
Corte Madera, CA 94925
Phone: 415-945-9701
Fax: 415-945-9702
Click Here to Email Us


 

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California's Largest Restaurant Business Brokerage. Specializing in Sales, Acquisitions, and Leasing of Restaurants, Bars and Clubs
 
 

Listing Name:
Unique Restaurant, 2 Bars & Cocktail Lounge With $200,000 Profit & Only 40% Down With Sba Financing

 

RRC#: 

  1427
     
  Location:  Central City
 San Francisco, California
   
Offered at:
 
 $249,000
   



 Listing Description
This well established business is designed so you can operate the restaurant separately from the bar/cocktail lounge as they each have their own separate entrance and are physically designed so they both have their own identity. Subsequently the restaurant and bar/lounge have different names. The restaurant has a main dining room which seats 80, private dining room which seats 16-20, a full bar with 12 bar seats and has high ceilings, skylights, wood floors and a display kitchen. Some of the equipment is owned and some is rented and the equipment that is owned is as follows: 2 group espresso machine, hand sink, undercounter refrigerator, POS system with 3 monitors and 5 printers, 2 -3 compartment sinks, 5' and 7' type 1 hoods with fire suppression systems, 2 compartment soup warmer, ice bin and special wine storage system. The following equipment is rented: counter mixer, 2 full door freezer, large walkin refrigerator, ice machine, 3 - 2 door undercounter refrigerators + sandwich stations, 3 door undercounter refrigerator, 1 door undercounter refrigerator, 2' x 3' chargrill, 2 burners, 1 double basket fryer, dishwasher and 2-6 burner units over ovens. The bar and lounge area is a great area for private parties as well as for ongoing customer activity. In this area there is a private wine cellar dining room, storage areas, employees lockers, offices and prep kitchen. There is upside for additional sales and profits by opening an extra day, and opening for lunch as the restaurant only operates 6 nights a week for dinner. Although the current lease has 2 years left plus a 5 year option the landlord is willing to negotiate an extension of the premises lease. This business is in the process of being pre-approved for an SBA loan which means a buyer with approximately a 40% down payment could finance the balance at a competitive rate over a ten year period.


General Information
   Contact Information
Organization:   LLC
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   100 restaurant + 50 in bar
Square Foot/Size:   5,800
Parking:   Street
Lic. Required:   Business, ABC Type 47 (hard liquor)
Days Open/Hours:   6 / T-Th, S 5p-9:30p F, Sa 5p-11p
Reason For Sale:   Other interests
 
Name:  Steve Zimmerman
 Restaurant Realty Company
Address:  21 Tamal Vista Blvd, Suite 201
 Corte Madera, CA 94925
Phone:  415-945-9701   
Fax:  415-945-9702
Email:  inquiry@restaurantrealty.com
Website:  www.restaurantrealty.com

 

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Financial Information
 
Revenue:   $97,000 / month
Cash Flow:   $16,650 / month
Current  Inventory:   Contact For Info
Payroll:   Contact For Info

Lease Information
Lease Rent:   $9,600 all inclusive
Lease Expiration:   2010
Yearly Adjustment:   Fixed increases
Lease Option:   5 years
Security Deposit:   Not Available

 
Financing Information
Down Payment:   Contact For Info
All Cash:   Contact For Info
Note Balance:   Contact For Info
Rate/Term of Note:   Contact For Info
 
 

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.


 


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