Business Summary:
SBA Pre-Approved; High-Rated Fast-Casual Concept in San Francisco; $1.6 Mill Sales; $323K Net Profit
RRC#: 3838
Asking Price: Offered At $435,000
Location: San Francisco
Annual Revenue: $1,656,706
Annual Cash Flow: $323,954
Monthly Rent: $7,568
Listing Description:
High quality fast-casual beer centric concept featuring premium meats, plant-based options and craft beers . This San Francisco institution was established in the late 1990s, and has built and retained a loyal customer base. The sale of this business includes one location, and one licensing agreement. They are also premier vendors at food and music festivals. The business has recently been SBA pre-approved and for qualified buyers would need 20% down payment for purchase. SBA also has other incentives right now providing for 6 months of no payments if a deal is closed between February and September of this year.
The restaurant seats 64 inside under pre-covid occupancy and has a front patio, a parklet and sidewalk seating that can accommodate up to 48 currently. This concept has proven to be successful for in person dining, pick-up and a delivery model which sets it up for success to pivot during restricted and non-restricted dining conditions and to capitalize on all current revenue streams. The restaurant has an excellent delivery radius.
The business has long-term, established relationships with the vendors who produce and distribute their proprietary products. With this infrastructure in place the business is primed for growth; there would be a huge opportunity to grow brick and mortar locations, expand on the licensing agreement and events to help increase sales and profit and grow the brand. The business is currently absentee run and is set up for an owner to operate or keep the general manager in place to scale the brand and build revenue.
The business is located in an extremely dense, busy, high-traffic area of San Francisco. The location enjoys continuous foot traffic throughout the week, car traffic, and is close to Muni bus lines and a BART station. This main thoroughfare has other restaurants and retail stores, and a high residential population.
The restaurant is fully equipped and a full list of equipment is available upon request.
General Information:
Established: 1998
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $138,058
Monthly Cash Flow: $26,996
Annual Revenue: $1,656,706
Annual Cash Flow: $323,954
Payroll: Contact For Info
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