The Airport Commission has commenced the Request for Proposals (RFP) process for the Terminal 1 Boarding Area C Food and Beverage Kiosk Lease, a Small Business Enterprise Set-Aside. This Lease is for the operation of a quick serve food and beverage kiosk at the San Francisco International Airport. The Proposal Bond Amount for this lease is $35,000.00.
The term is seven years commencing on the Rent Commencement Date. The Annual Rent shall be the higher of the Minimum Annual Guarantee $240,000.00 or the sum of the percentage rent as follows: 6% of gross revenues up to $1,000,000.00; plus 8% of gross revenues achieved between $1,000,000.01 up to and including $1,500,000.00; plus 10% of gross revenues achieved over $1,500.000.00.
An Informational Conference will be held on Wednesday, May 8, 2019 at 1:30 pm in the Aviation Museum at San Francisco International Airport. This is a time when Staff will discuss desired concept, minimum qualification requirements, address any questions relating to the Lease and receive comments from participants. Small, local and disadvantaged businesses are encouraged to participate.
Please see https://www.flysfo.com/business-at-sfo/current-opportunities for additional information or call Mr. Matthew McCormick, Senior Principal Property Manager, Revenue Development and Management Department at (650) 821-4500 or via email at
[email protected].
