Bottle Cap Food & Drink, San Francisco
Bottle Cap celebrated its Grand Opening on July 12th at 1707 Powell Street in the San Francisco North Beach area. The former site of the Washington Square Bar and Grill has become the latest project of Chef Dane Boryta and his wife Elizabeth Ferro.
Bottle Cap is a casual bistro featuring “New American” cuisine with a market-driven menu that will promote customer choice using fresh, organic, seasonal and locally grown and harvested produce, poultry, meats and seafood - offering the best quality product at a reasonable price. Chef Dane and Liz Ferro have redesigned the interior of the iconic Washington Square eatery to highlight sunny views of the parks although the warm walnut bar remains as an anchor to its history. The concept behind Bottle Cap is to create a lively, memorable restaurant experience that, while sophisticated, is still approachable enough for a weekly visit.
Although, Chef Dane and Liz have over 53 years of combined industry related experience and have opened restaurants in the past they were unable to secure the funding they need to complete this project from a traditional financial institution.
"My wife and I live in the neighborhood and have wanted our own place for some time now. We enjoy working together and being part of the fabric of people’s lives, and this San Francisco landmark restaurant seemed to be an opportunity of a lifetime. We almost saw our dream pass us by when the projected cost of opening began looking daunting and unapproachable,” commented Chef Dane Boryta.
SBDC Assistant Director Gabriela Sapp connected Dane and Liz with Valley Economic Development Corporation, a CDFI from Southern California which received a $5 million grant from JPMorgan Chase to generate loans to small and medium-sized businesses. This fostered VEDC’s statewide expansion and the opening of an office in Oakland, California.
The result was a loan to Dane and Liz so that they could realize their dream and open on schedule. “VEDC is excited to have its first loan in San Francisco! We would like to thank the San Francisco Small Business Development Center and Gabriela Sapp, SBDC Assistant Director for connecting VEDC and Bottle Cap,” stated Cynthia Ibarra, VEDC Director of Marketing & Strategic Partnerships. “This is a perfect example of how business partnerships can make a difference in our communities.”
"We are happy to be working with Dane and Liz, as they establish a new tradition in this well known restaurant location," says Albert Dixon, Director of the SF SBDC. "Our ten year old restaurant consulting program, partnered with VEDC through the efforts of Gabriela, will continue to support businesses like Bottle Cap."
“We're thrilled that our local SF SBDC associates coupled us with the VEDC so that we are now serving the neighborhood and the Bay Area. Without them, this beloved restaurant space could still be vacant and we may have seen our chance slip away," commented Dane Boryta.