San Francisco International Airport is accepting proposals for the Terminal 3 Boarding Area F and Terminal 1 Boarding Area C Food and Beverage Concession Leases. The Request For Proposals includes 6 Quick Serve Restaurant Leases and 2 Sit-Down Restaurant and Bar Leases. The terms are six years with two one-year options for the Quick Serve Restaurants, and seven years with two one-year options for the Sit Down Restaurants. The minimum annual guaranteed rents for the first year of the Leases are between $250,000.00 to $1,000,000.00. The Airport intends to award the Leases to the highest-ranked, most responsive and responsible proposers. Each proposer must submit a proposal deposit in an amount between $35,000.00 and $125,000.00 as a guarantee that the proposer will execute a Lease if awarded. The Lease terms have been revised since the original release. Interested parties should review and make note of the changes. Small, local and disadvantaged businesses are encouraged to participate.
Proposals must be received by 2:00 p.m. on Wednesday, September 14, 2016. (San Francisco time)
The RFP document is available online at http://www.flysfo.com/business-at-sfo/current-opportunities. For additional information, please contact Matthew McCormick, Sr. Principal Property Manager, Revenue Development and Management, at (650) 821-4500.
