World Class Locale- 5yr Past Sales Avg $11+Mi Yrly; $1.1+M Profit Yrly

San Francisco, CA (San Francisco County)

World Class Locale- 5yr Past Sales Avg $11+Mi Yrly; $1.1+M Profit Yrly
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Asking Price: $5,950,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

World Class Locale- 5yr Past Sales Avg $11+Mi Yrly; $1.1+M Profit Yrly

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Business Description

World Class long-standing restaurant in sought after location!

World Class Locale-5 Year Past Sales Average $11+Million Yearly; $1.1+Million Profit Yearly Average

RRC#: 3274
Asking Price: Offered At $5,950,000
Location: San Francisco
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: Contact For Info

Listing Description:
Highly sought after restaurant location is one of top in the county. The area that this long standing destination/eatery is located in attracts over 12 million people yearly and is built to last in the San Francisco Market. Awarded a Legacy Restaurant, the 5-year past sales average $11+ million yearly and $1.1 million in profit yearly average. Well known by locals, tourists and famous athletes/celebrities - this business is like no other!

This sale includes a fine dining restaurant, a casual restaurant, and a street cafe. These family owned and operated restaurants have a long-term favorable lease.

* Both restaurants include Type 47 full liquor license.
* The bars feature beer on tap, wide selection of wines, espresso machine and full cocktail spirits.
* Both kitchens are designed for smooth operating counter service and are complemented by large dish washing, food prep, pastry, broiler, pantry, sauté stations and lots of storage.
* Dining areas are open, bright, and spacious with wall-to-wall iconic views.
* Outdoor patio seating to capture foot traffic.

Breathtaking views of several major attractions in the city make it an ideal flagship location for a major national player or local restaurant group looking to put stamp on San Francisco.

Recently remodeled to draw in the younger crowds yet still appeals to the established San Franciscans. Private dining rooms and banquet rooms with breathtaking views.

Easy access with validation parking adjacent to restaurant. Restaurants have spacious remodeled restrooms and the building meets ADA standards. Don’t miss the chance to be part of one of San Francisco’s most desired and visited tourist areas!

Growth and Expansion: There is tremendous upside for future revenue. Take out and/or catering orders. Can increase hours for bar service. Breakfast options can be added. Top tourist destination in San Francisco.

Location: Landmark restaurants and bars in the area, all very busy. Close to hotels and entertainment. Tourist traffic, local crowds and very good foot traffic overall. Parking and transportation in front. Near Oracle Park and Chase Center, the new home to the Golden State Warriors, to be completed later this year.

Only experienced operators who are financially and operationally qualified should inquire.

General Information:
Organization: Bay Area
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Contact For Info

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

Detailed Information

Location:
San Francisco, CA
Business Website:
http://www.restaurantrealty.com/listings/3274/
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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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