San Francisco County, CA Italian Restaurants For Sale

6Pizza & Pasta - Must Sell 1.8 Times NetPizza & Pasta - Must Sell West Portal!
$220,000 Cash Flow: $144,000
Pizza & Pasta - Must Sell 1.8 Times NetPizza & Pasta - Must Sell West Portal!

San Francisco, CA

Why Are We Selling This Successful Restaurant? A very successful Pizza & Pasta Restaurant for over 25 years. So why are we selling? Simple. It. too much work for us. We are retired and in our 70's. We had this great idea that we could generate retirement income by purchasing this successful restaurant close to our home. Piece of cake...right? Little did we realize how fatiguing this would be. The previous owner worked in the business for most of the past 25 years. God bless his heart. He was loved by the patrons and actively worked in the restaurant. We are food & wine lovers and thought we could just manage this wonderful neighborhood restaurant and generate retirement income. After one year we find our bodies are not able to sustain the pressure of running a very busy dinner house that is loved by its clientele, and this repeat business is what makes this restaurant so successful. It would take you years to reach this same level of repeat business with a new restaurant. We are unable and unwilling to promote and expand sales where opportunities are plentiful. Secondarily, because we are not actively working in the business (just managing), our labor costs are higher than normal. Anyone searching for a business they can enjoy running and make it grow over the next 10-20 years will realize a five to ten-fold return on their investment. Just a 10% increase in sales will result in an additional $250K of income over 10 years. 20% will result in half a million of extra profit over 10 years. Who knows, you may even be able to surpass those numbers. We are doing fine with current net income in our current situation. We just can't keep it up for much longer as our bodies are telling us to officially retire. Here are the numbers: Strong lease: 8 years left and a very accommodating landlord. Great Neighborhood: Easy access and street parking, lots of families. Close to SF State College with an untapped 3,800 on campus living students. College students love pizza and salads. Close to St Francis Woods, Diamond Heights, Bernal Heights, the Outer Sunset, and Sloat Blvd. Many opportunities for growth given this restaurants great reputation over 25 years. Gross Sales: $765,000 Cost of Sales: $170,000 Gross Profit: $595,000 Labor Cost: $257,000 Other Expenses: $265,000 Net Income: 72,000 Owner Salary: 24,000 Debt Service: 36,000 Owner Food& Wine: 12,000 Net Free Cash Flow: $144,000 (18.8% Net of Gross Sales)

Established Russian Hill Eatery
$195,000
Established Russian Hill Eatery

San Francisco, CA

This neighborhood restaurant sits atop Russian Hill sits at a premium corner location. Elegant and romantic design helped make this a neighborhood gem for over 20 years with established and wealthy clientele. Infrastructure includes a Type-1 hood, two 6-burner ranges with ovens, wine cellar, two dedicated parking spaces and more. This is a turn-key opportunity for a GM wanting his/her own spot with existing cash flow or for a chef desiring a sophisticated location for a new concept. There is significant upside available via increase hours beyond the current 5 dinner services per week and a 3 weeks summer closure per year. Service could be expanded to 7 nights plus weekend lunch. Included in the sale are: all furniture, fixtures, equipment, menus, concept, catering client list, etc. Infrastructure includes a large Type-1 hood, walk-in refrigeration and much more. There is an on-site parking garage and drive-in loading. The site recently completed $200,000 of renovations including all new kitchen equipment and a remodeled front of house with a casual and inviting atmosphere.

Fully Equipped Italian Restaurant in SF Financial District
$160,000
Fully Equipped Italian Restaurant in SF Financial District

San Francisco, CA

BBB#: 1467 Asking price: $160,000 Location: San Francisco, SF County, CA Yearly revenues: $444,393 Yearly cash flow: contact for info Monthly rent: $6,000 Listing description: This restaurant has been around for over 35 years and located in upscale sf financial district neighborhood with high traffic count. There is a large glass frontage, tile floors, wooden & brick's wall and there is a combination of tables, chairs and booth seating and there is a display kitchen, prep kitchen, storage area, basement and a restroom. 7 feet type 1 hood installed. Abc beer & wine license. Walk-in cooler. Serving traditional, solid italian dishes, deserts, coffees and selected wines. Floor level square footage about 2,700 and basement about 1,350. Call today for more information including the name and address. Also, the kitchen back tour is available. General information: Organization: Individual | Year established: 1982 | Current Owner: 1997 | Seating: 60 | Parking: Street | Days Open/Hours: Mon - Fri 11:30am to 3pm, Mon - Th 5:30 pm to 9:30pm, Fri - Sat 5:30pm to 10pm | Reason to sell: Leaving from SF | Financial information: Yearly revenues: $444,393 Yearly cash flow: contact for info Lease information: Monthly rent: $6,000 | New Lease: Negotiable |


Become a Premium Member Today!