San Francisco Building + Profitable Classic Diner Style Restaurant, w/ Decades of Goodwill For Sale! SBA PreApproval for Owner Operator!
RRC# 4773
Location: San Francisco
Description:
Own a Building that houses one of SF's most long standing American style diners within it. It is located in the Richmond District along one of SFs best restaurant and business corridors. The business has existed for over six decades and a new building and business owner can carry on the legacy or bring in a fresh new concept for the neighborhood.
Broker has secured a SBA pre-approval for a qualified owner operator who can make a 30% down payment. Fixed rate of 7.65% for 25 years.
The building was built in 1913 and sits on a ~2247sf lot. The interior is shy of 1000sf, and includes an open kitchen with a Type 1 hood and upgrades made to the space and kitchen in 2017. There are two ADA bathrooms. The total property includes a Private Garden Patio in back, as well as a walk in unit, extra storage and garbage area. The existing patio is a rare gem in this neighborhood, and for San Francisco in general. The patio could easily be reconfigured to add more seating and aesthetics for comfort like heating or lighting, and become a destination patio dining space.
The current business owners have been profitable and have a good Seller Discretionary Earnings bottom line. They recently bought the building and are ready to pass the torch to a new motivated business owner and building owner.
The space is equipped, the concept is a SF staple! Don't miss this rare opportunity to own a San Francisco building and legacy business in a great and safe part of San Francisco.
Reach out now to Andy Mirabell for more information.
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: Corporation
Established: 1960
Employees: 6-8
Reason For Sale: Retirement
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 827+/- sf inside + 1,421+/- Patio and Storage
Seating: 49 inside, 25+ Garden Patio
Parking: Easy Street Parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 10am-9pm Daily (10am-10pm Sat-Sun)
