Prime Castro District Restaurant & Beer/wine Bar Outdoor Seats

San Francisco County, CA

Prime Castro District Restaurant & Beer/wine Bar Outdoor Seats
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Asking Price: $95,000

Cash Flow: $136,000

Gross Revenue: $1,008,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Prime Castro District Restaurant & Beer/wine Bar Outdoor Seats

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Business Description

Prime Castro District Restaurant & Beer/wine Bar Outdoor Seats $1+ Million Sales $136,000 Profit

RRC#: 2807
Asking Price: $95,000
Location: San Francisco County, San Francisco County, California
Yearly Revenue: $1,008,000
Yearly Cash Flow: $135,996
Monthly Rent: 15,208 all inclusive

LISTING DESCRIPTION:
Over half million dollars was spent on building out this handsomely designed restaurant. There is a large glass frontage, outdoor seating area with heat lamps, bar area and full kitchen. There are high ceilings, ceiling fans and wood floors and a bar with 8 bar stools, and a combination of bar height tables and bar height seats, tables and chairs and banquette seating. There are two restrooms (one of which is ADA), storage areas and an office area. Some of the equipment includes as follows: 13'' type 1 hood with fire suppression system, 15 drafts, 5 flat screen TV''s, 2 walk-in refrigerators, 6 - 2 door under counter refrigerators ( 2 with sandwich stations & 1 has glass doors), 6 compartment food warmer, 2 hand sinks, utility sink, 3 compartment sink, dish washing sink+ rinse hose, multi-unit condiment container with pumps, 4'' - in freezer, multi-zone surveillance system, 1 door under counter refrigerator, food warmer, soup warmer, mop sink, dishwasher, ice machine, 3 full door freezer, and 6 employee lockers, etc. The owner is absentee and a hands on owner operator could greatly increase sales and profits. All interested parties should check out the business during Saturday and Sunday brunch to see how smoothly it runs during very busy periods.

GENERAL INFORMATION:
Organization: Corporation | Seating: 40 inside + 12 outside | Square Footage: 1650 + 500 upstairs | Parking: Street | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 7: M-F 11a-11p SA, S: 9a-11p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,008,000 | Yearly Cash Flow: $135,996 |

LEASE INFORMATION:
Monthly Rent: 15,208 all inclusive | Lease Expiration: 5/31/23 | Yearly Adjustment: 4% or CPI | Lease Option: 3 years |

Detailed Information

Location:
San Francisco County, CA
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Contact the Seller

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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