Full-Service Chinese Cuisine Restaurant

San Francisco, CA
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Asking Price:$299,999
Gross Revenue:$716,178
Cash Flow:$73,783
Rent:$6,005/Month
BUSINESS DESCRIPTION

A rare and special opportunity is available to seize a historic full-service restaurant in the heart of Chinatown with world recognition and constant media attention. This restaurant remains a classic dining spot in the local community and an international tourist attraction. This unique establishment is currently family owned and operated and supported by an experienced group of local investors. Due to health reasons, the owner and chef are ready to wind down and pass on the legacy. For more detailed information, please contact listing broker Makenna Covington at makenna.covington@fcbb.com or (628) 587-0273.


DETAILED INFORMATION
Location
San Francisco, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/12/2024
Employees
17
Facilities
This is a leased location of 2,500 square feet with a Total monthly rent of $6,005 Lease ends 12/2024. Seller is active with 2 FT and 15 PT employees. The business began in 1908 and is open six (6) days for 50 hours a week. $206,716.27 made in leasehold improvements. Other Assets include World-renowned brand name and iconic fixtures. Restaurant includes all necessary licenses.
Support & Training
Two (2) weeks
Reason for Selling
Owner and chef will retire due to health
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Makenna
Covington
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Makenna Covington