Prime Mid-Market Restaurant Opportunity
Turnkey Mid-Market Restaurant Location w/15+ Years on Lease
San Francisco, CA
The restaurant is located in San Francisco’s exciting Mid-Market Neighborhood, currently undergoing a major revival. The restaurant resides in a charming stand-alone historic brick building, recently renovated in 2010. The interior has lots of natural light, high ceilings, brick walls and a beautiful wood crafted bar with marble counters. The current tenant is the popular Dottie’s True Blue Café ("Dottie's"), in business since 1993.
The total building size is approximately 5500 square feet (SF). The restaurant has a seating capacity of 50 on the first floor and 20 on the rooftop dining area. The first floor has an open kitchen, prep area, and bar with seating, coffee station, pastry bar and two ADA restrooms. The roof top dining area is permitted by the city and includes an elevator, stairs, a unisex restroom, service bar and office. The lower level includes another kitchen prep area perfect for catering, lots of refrigeration, storage, and a small office.
Just around the corner on Market Street, between 5th and 6th Streets, is the new Market Street Place multi-level retail center currently under construction. It is one of the most highly anticipated urban redevelopment projects in San Francisco and is set to become a new hub for shoppers in the area. Other major attractions in the neighborhood include, Golden Gate Theater, Westfield Mall, Moscone Convention Center and many other retailers and hotels. Also, within close walking distance to the restaurant is approximately 6,000+ new housing units currently under construction, approved or in city planning.
Nearby Powell Street Station provides tremendous transportation options, BART, MUNI trains, bus lines, cable cars and streetcars. Also, in close proximity to the restaurant are highways 50, 280 and parking garages and lots.
The listing price of the Asset Sale includes a long and very reasonably priced lease w/15+ years (3 - 5 year options) remaining; first right of refusal to purchase the property in the event of a sale; no annual base rent increases during options 2 & 3; annual property tax increases are capped at 2%; Type 41 (Beer & Wine) ABC License; and all Furniture, Fixtures and Equipment (FF&E).
Dottie’s business trademark, name, goodwill, unique menu, recipes and other proprietary assets, are not included in the listing price of the Asset Sale, but may be purchased or licensed separately with or without an Asset Sale.
Luna's Sports Bar
Profitable Sports Bar on Busy Main Street Location!
Bell Gardens, CA
Luna's Sports Bar is located on the corner of a busy intersection, with a solid clientele base. Their are 2 Coin operated Pool/Billiard Tables, several flat screen tv's mounted on the walls, 2 Large Commercial Refrigerators. Luna's sports bar has recently been rehabbed with a New Roof, Stucco, Bathrooms & new paved Parking lot.