Profitable Mission District Restaurant With Management Team For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Lease term until June 2030

Leasehold Rent:

$44,000 per annum

Location:

The business operates from leased premises in the Mission District, off Mission Street. The location supports both dine-in and delivery service.

Premises Details:

Indoor table seating and bar seating for about 40 guests.

Size in square feet:

1,600

Business Operation

Management type:

This business has absentee ownership.

Expansion Potential:

Opening additional locations under the same concept, potentially supported by a satellite commissary kitchen, as well as expanding the menu represent potential growth opportunities.

Competition / Market:

The Mission District boasts many restaurants of great variety. This business differentiates on brand, menu breadth, and a consistent reputation for quality and hospitality.

Reasons for selling:

Owner launched a specialty food production venture and is looking to take the equity from the restaurant sale to invest into that business.

Trading hours:

Open for lunch and dinner six days per week.

Employees:

17

Years established:

6

Other Information

Support & training:

The seller will provide a reasonable transition and training period to support continuity. Because management is in place and are expected to remain, transition risk is lower than for an owner-operated restaurant.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller is open to finance a minor portion of the sale price, subject to overall terms and negotiation.

Furniture / Fixtures value:

$63,000 - included in the asking price

Inventory / Stock value:

$8,300 - included in the asking price