Restaurant And Wine Bar In San Francisco For Sale

Business description

Restaurant And Wine Bar On Prime Upper Haight Street

RRC#: 1690
Asking Price: $195,000
Location: Upper Haight Street, San Francisco, California
Yearly Revenue: $480,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $6,500

LISTING DESCRIPTION:
This restaurant is located in a prime Upper Haight block and has been in business for approximately 20 years. The Upper Haight area has a high concentration of pedestrian foot traffic from locals and tourists. This location is a short distance to Golden Gate Park, University of San Francico and UCSF Medical School which has thousands of students and faculty members. Additionally there is a high end demographic base of regular customers in the area. The restaurant has The restaurant has a separate long wine bar, comfortable dining room, full kitchen, prep area and has lots of storage space. There is a full glass frontage, high ceilings and there is a combination of booth seating and tables and chairs. Some of the equipment includes as follows: 14' type 1 hood with fire suppression system, 2 - 3 door undercounter refrigerators (1 with sandwich station), 6 taps, coffee grinder, hot water machine, 2 group espresso machine, Aloha POS system with 3 terminals and 4 printers, ice bin, 3 compartment sink, 2 microwaves, 3 full door glass refrigerator, 6 burners over oven, 4' chargrill, double basket fryer, food warmer, hand sink, meat grinder, full door freezer, 3' ice cream freezer, 2 compartment sink + rinse hose, 2 full door refrigerator, ice machine and 2 door undercounter refrigerator, etc. The restaurant only operates six days a week from 5p to mid so there is upside for one additional day of business plus lunch and/or brunch daily and extended hours for the wine bar.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Current Owner: 1992 | Seating: 49+ | Square Footage: 2,000 | Parking: Street | Licenses Required: Business, ABC Tyupe 41 (beer and wine) | Days Open/Hours: T-S 5p to Mid | Reason For Sale: Other interests |

FINANCIAL INFORMATION:
Yearly Revenues: $480,000 |

LEASE INFORMATION:
Monthly Rent: $6,500 | Lease Expiration: 2/2015 | Yearly Adjustment: CPI | Lease Option: 5 years |

FINANCING INFORMATION: