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Committee forwards six Terminal 1 concession leases — staff touts local and ACDBE participation
Summary
The committee recommended approval of six competitively bid Terminal 1 food and beverage concession leases at SFO, with first‑year minimum annual guarantees totaling about $2.5M and staff estimating roughly 64% of anticipated sales will be by local owners and 33% earned by ACDBE businesses.
The Budget and Finance Committee voted to send six Terminal 1 food and beverage concession leases (items 9–14) to the full Board with a positive recommendation. The leases are 10‑year initial terms with 2‑year extension options.
Airport staff listed the operators and first‑year minimum annual…
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