Beautifully Remodeled Restaurant For Lease On Corner Soma For Sale

Business description

Beautifully Remodeled Restaurant For Lease On Corner Soma Location

Asking Price: Contact For Info
Location: South of Market Corner, San Francisco, California
Yearly Revenue: $336,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $6,500

Listing description:
This is a for lease opportunity and the only up front money required is a security deposit to the sublessor of $35,000 which is refunded to the lessee at the end of the lease subject to the condition of the premises.
Several hundred thousands of dollars were spent on this beautifully remodeled restaurant. It is located on a busy corner location with large glass windows, a separate long wine bar/counter area topped with granite and comfortable dining room with a combination of banquette seating, counter seating and tables and chairs. There is a full kitchen and some of the equipment includes as follows: 4' type 1 hood with fire suppression system, ice machine, flat screen TV, 3 glass door undercounter refrigerator, hand sink, 2 - 3 compartment sinks, 4' self serve refrigerator, full door glass refrigerator, 2 full door freezer, 3 door undercounter refrigerator + sandwich station, 6' salad bar, 6 burners over oven, 2 basket fryer, 1' x 2' flat grill, 3 compartment steamtable, ATM machine, 3 group espresso machine, 3 coffee grinders, 2 unit coffee maker, mop sink, hand sink, utility sink, slicer, full door freezer, full glass door refrigerator, 4 zone surveillance system and mixer, etc. There is also an office area, storage areas and 2 ADA restrooms. There is upside for an additional day of business and expanding the daily business to include dinner and late night business. NO BROKER COOP.

GENERAL INFORMATION:
Organization: LLC | Seating: 50 | Square Footage: 2,000 | Parking: Street | Days Open/Hours: 6 / M-SA 7a-5p | Reason For Sale: Other interests |

FINANCIAL INFORMATION:
Yearly Revenues: $336,000 |

LEASE INFORMATION:
Monthly Rent: $6,500 | Lease Expiration: 5 years | Yearly Adjustment: 3% |

FINANCING INFORMATION: