Twenty Bucks (Same As In Town)

How Much Does It Cost to Buy A Restaurant in the Mission?

The restaurant business is notoriously difficult, and even in “the gastronomic epicenter of the city” that is the Mission, restaurants come and go with frequency.  And so it is with particular interest that Uptown Almanac noticed this Craigslist ad for a “Mission turn-key restaurant for sale” with a $350,000 asking price.

Emphasizing such highlights as its “great location in between Mission District and Potrero Hill” and neighbors including “Coffee Bar, 1890 Bryant Street Studios, Heath Ceramics, Blue Bottle Coffee, [and] KQED,” the listing includes a liquor license in the sale.

The location, currently Caña (previously Circolo, and before that Gordon’s House of Fine Eats), has clearly be unable to ride the blandly successful wave of the 20th Street Cooridor just a few short blocks away. And while the lack of cocktails featuring artisanal ice cubes may have something to do with it, the sale of Caña is another reminder that merely being in the Mission is not a guarantee of success.

But hey, maybe the Bon Vivants and Ne Timeas Restaurant Group will buy the spot. They seem to be running everything else these days.

Comments (11)

Yep… the first dotcom bomb just decimated that area… Potrero Brewing Company, Moxie and Gordon’s. I guess Slow Club and Blowfish the only surivor from that time.

This  is not a bubble.

Water balloon?

Judging by what people are saying it’s here to say.

Well, then it must be true! 

Slow Club used to be better back when it opened.  Beyond the entire area being much cooler then, the food was more interesting, and the techie patrons were more interesting. 

Just went to Salumeria today, and that place is delicious.  $10 for a sandwich and I could only eat half.

Oh… and the starbucks with the liquor license. I think that was called Circadia?

Good riddance. 

Hopefully something that neighbors - will actually - frequent, opens there.

Like a pizza-by-the-slice joint. Or a ramen shop. 

For buck’s sake, I’ll take an Indian carry out joint, if that’s all I’ll get.

4,100 square feet. That’s a lotta slices.

It comes with a full liquor license, which is easily worth half the asking price if not a bit more.

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