A+ Valencia Street Location in SF with Strong Long Lease!

A+ Valencia Street Location in SF with Strong Long Lease! Upgraded Restaurant Space with a Stylish Street Parklet is for Sale

RRC# 4793
Location: San Francisco

Description:
This upgraded restaurant is now for sale in one of San Francisco's best and busiest restaurant corridors within the Mission District. Located on the cleanest and best side of Valencia Street, nearing Noe Valley, this stylish and turnkey restaurant space with secure parklet is now for sale.

The current owners invested in upgrading this ~1425sf location by adding new equipment, surfaces, upgrading aspects of the kitchen layout, bar, lighting and much more. The space can seat 49 guests inside, including eight expo seats. It boasts one of the best looking, secure and stylish metal parklets outside to add another 10-12 seats. The parklet has lighting and heating and can be shut securely each night.

They have a small bar serving up beer and wine offerings and the Type 41 ABC license will transfer to the new owner. The semi-open kitchen has a 10' Type-1 hood, 12 burners, one oven w/10 burners, a grill, fryer, large prep sinks, a 6x10' walk-in cooler, and a separate dish room with a passthrough window to the kitchen. There are two ADA restrooms, an employee area with lockers, ample storage and a mop sink janitorial room. A full equipment list can be provided upon request.

The long and strong lease will transfer with this sale. The current owners negotiated a great 10-year lease with a 10-year option to secure this popular location far into the future.

The current concept has yet to open for lunch or brunch, and the neighborhood is ready for a concept to do so in this space. Weekend traffic in the area is very strong, and the longstanding neighboring concept(s) always attracts a huge amount of traffic to this block. A new owner could profit from expanding hours overall.

This sought after location will not last at this price so please reach out now!

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: LLC
Employees: 12
Reason For Sale: Other Interests
Monthly Rent: $9,012
Expiration: 02/28/2033 plus 1-10 year option

Facilities:
Square Feet: 1,427
Seating: 49 inside, 10-12 parklet outside
Parking: Easy Metered Street Parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: 5pm-930pm - closed Monday