Restaurant And Bar For Sale - San Francisco, California, CA

PROFILE: Remodeled Restaurant & Bar In Downtown City Hotel With $232,000 Profit.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Downtown
County: San Francisco
City: San Francisco
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  118221
Seller Or Contact:  Steve Zimmerman
Primary Phone:  415-945-9701
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  8/5/08
Date Ad Last Revised:   8/5/08

FINANCIAL INFORMATION
Asking Price: $395,000
Down Payment: Call/Email
Annual Revenue: $1,272,000
Annual Adjusted Net: $232,200
   
Price Range: $250,001-$500,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Currently Not Available - Remodeled Restaurant & Bar In Downtown City Hotel With $232,000 Profit, Rrc#: 1094

Location: Downtown
San Francisco, California
Offered At: $395,000

Listing Description
-----------------------------------------------------------------------
This Beautfiully Designed Restaurant And Bar Is On The Ground Floor Of A Newer Downtown Hotel Near Nob Hill. There Is A Full Kitchen, Prep Area, Comfortable Dining Room With Booth Seating And Table And Chairs, Private Elegant Banquet Room, Built-In Wine Shelves, Separate Bar And Cocktail Lounge Area With A Granite Bar Top And 9 Bar Stools. Most Of The Equipment And Fixtures Are Owned By The Hotel And The Business Has Use Of Them During The Term Of Lease And The Major Equipment Includes As Follows: 3 Door Undercounter Refrigerator, Ice Bin, 3 Hand Sinks, Grinder, Undercounter Refrigerator, Fulll Door Glass Refrigerator, Slicer, Dishwasher, 2 Compartment Dropin Freezer, 12' And 7' Type 1 Hoods With Fire Suppression Systems, 4 Burners Over Oven, Double Basket Fryer, 2 - 6 Unit Burners Over Oven, Cheesemelter, 2 Refrigerator Drawers + Undercounter Refrigerator Door + Sandwich Station, 4 Refrigerator Drawers Under Sandwich Station + 2 -2 Door Undercounter Refrigerators, 2 Convection Ovens, 6 Burners Over Oven, 2 Door Undercounter Refrigerator, Counter Mixer, Ice Cream Machine, Ice Machine, Full Door Freezer, Mop Sink, Walkin Freezer And 3 Compartment Sink, Etc. The Hotel Is Responsible For Replacing Any Equipment In Need Of Replacement And Does Much Of The Maintenance Of The Equipment. The Sellers Own Many Of The Kitchen Smallwares, 2 Group Espresso Machine, Full Door Freezer And Counter Mixer, Etc. There Is Also A Storage Area And 2 Offices. The Monthly Rent Of $8,750 Includes Gas, Electric, Garbage And Water.

General Information
------------------------------------------------------------
Organization: Llc
Year Established: Contact For Info
Current Owner: Contact For Info
# Of Employees: Contact For Info
Seating: 100
Square Foot/Size: 3,800
Parking: Parking Lots
Lic. Required: Business, Abc Type 47 (Hard Liquor)
Days Open/Hours: 7 / 6a - 11p
Reason For Sale: Other Interests


Financial Information
------------------------------------------------------------------------
Revenue: $106,000 / Month
Cash Flow: $19,350 / Month
Current Inventory: Contact For Info
Payroll: Contact For Info

Lease Information
--------------------------------------------------------------------------
Lease Rent: $8,750 / Month
Lease Expiration: 9/23/09
Yearly Adjustment: 3%
Lease Option: 5 Years
Security Deposit: Not Available

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