Established Restaurant & Bar on Prime Corner; $2.4+ Million Sales, $180,000+ Profit; Pre-Approved SBA Loan

RRC# 5018
Location: San Francisco

Description:
This well established business is located on a prime corner and has been in business for over 40 years and is pre-qualified for an SBA Loan. The location is on a major thoroughfare and there are several hundred high end residential condominiums, a major entertainment center and many multi-unit residential buildings and office buildings nearby. The restaurant has a large glass frontage wrapping around the entire facility which gives the business an open airy feeling. The facility includes a dining room that has a combination of booth seating, banquette seating and tables and chairs, a covered patio seating area with heaters, a full bar, display kitchen, take out counter and large prep kitchen. There are also 2 ADA restrooms, storage areas, office and employee locker room with 30 lockers. Some of the equipment includes as follows: 16' type 1 hood, 6 burners over oven, 2 burners, 4' flat grill, 3' char grill over 2 under counter refrigerator drawers, 3' grill, 2 double basket fryers, food warmer, 2 microwaves, walk-in refrigerator, walk-in freezer, ice maker, bread slicer, dishwasher, dishwashing sink+ rinse hose, 3 compartment sink, mop sink, 2 group espresso machine, coffee maker, 3 -2 door under counter refrigerators (one with 4 taps), 2 ice bins, 3 hand sinks, 1 door under counter refrigerator, 5 compartment soda dispenser, 2 compartment soup warmer, 6' drop-in ice cream freezer, 3 door glass under counter refrigerator, lettuce refrigerator, 8 under counter refrigerator drawers with sandwich station on top, 4' cheesemelter, 2 door + 2 drawer under counter refrigerator + sandwich station on top, 2 under counter food warmers, steamer, slicer, 8' non-refrigerated display case and POS system, etc. Past years sales and profits are as follows: 2022: $2,588,952 sales and $213,759 profit; 2023: $2,684,311 sales and $246,908 profit.

Financial Information:
Monthly Revenue: $205,896
Monthly Cash Flow: $15,052
Annual Revenue: $2,470,754
Annual Cash Flow: $180,632

General Info:
Ownership: Inc
Established: 1985
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $18,600 all inclusive
Expiration: Negotiable

Facilities:
Square Feet: 5,040
Seating: 200+
Parking: Street and parking lots
Licenses: Business, ABC Type 47 (hard liquor)
Days/Hours of Operation: 7 / 11a-9p