Remodeled Asian Restaurant On In California For Sale

Business description

Remodeled Asian Restaurant On Central Clement Street Location

RRC#: 1617
Asking Price: $129,000
Location: Inner Clement Street, San Francisco, California
Yearly Revenue: $300,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $6,010

LISTING DESCRIPTION:
The recently remodeled restaurant is on a prime block on Clement Street. The restaurant has a large glass frontage, wood floors, attractive dining room with a combination of banquette seats and tables and chairs, full kitchen and full basement. Some of the equipment includes as follows: 11' type 1 hood with fire suppression system, 5' type 2 hood, POS system, 2 hand sinks, 2 glass door undercounter refrigerator, 2 full door glass refrigerator, 4 burners over oven, double basket fryer, 1' x 3' chargrill, 6 burners over oven, single unit wok, stock pot burner, 2 door undercounter refrigerator + sandwich station, 3 door undercounter refrigerator, 3' ice cream freezer, 4 rice warmers, rice cooker, undercounter dishwasher, 2 compartment sink, mop sink, 3 compartment sink + rinse hose, microwave, dishwasher, dishwasher sink + rinse hose, walkin refrigerator and walkin freezer, etc. There are also two ADA restrooms and a full basement with 3 storage areas. The current operation only operates dinner only six nights a week so there is upside for another day of business plus lunch and brunch business daily. The current concept could be changed to any type of restaurant concept. This location has heavy foot traffic, high visibility and street parking.

GENERAL INFORMATION:
Organization: Partnership | Current Owner: 2009 | Seating: 49+ | Square Footage: 2,000 + full basement | Parking: Street | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 6 / T-Sun 5p-10p | Reason For Sale: Other interests |

FINANCIAL INFORMATION:
Yearly Revenues: $300,000 |

LEASE INFORMATION:
Monthly Rent: $6,010 | Lease Expiration: 2016 | Yearly Adjustment: Fixed increases | Lease Option: 5 years |

FINANCING INFORMATION: