How Much Does It Cost to Buy A Restaurant in the Mission?
— By Jack Morse (@jmorse_) |
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.