Restaurant And Bar For Sale
Location:
United States
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California
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Northern California - Bay Area
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San Francisco
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Restaurant And Bar For Sale $550,000. In spite of critical acclaim, and loyal repeat patronage, through the years, this well known Bar and dinning room can now be purchased by qualified professionals. The reason for the sale is good news, as both partners are moving up to new and exciting assignments leaving the restaurant to new stewardship. Many government officials, young and old professionals, tourists, and business leaders transcending socioecomonic stations, can be found enjoying a pleasurable sophisticated San Francisco moment at the bar waiting for their table. The venue has attracted gourmet aficionados, as well as people watchers over the years. There are many up sides for new owners in the form of increased hours of operation. They are grossing $2,006,035 for this 3,000 SQ Ft Venue. A 47 ABC License with a 123 Seating Capacity are included in the sale. Rent is $13,000 per month NNN Great location, with nearby parking available. This state of the art food and beverage business opportunity is a perfect fit for the right entrepreneurs. The total cost for the business is $550,000 For further information, to arrange a tour, and to sign an NDA email or call Ritchie Commercial at 415 394-2506 or 415 786-2940.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$2,006,035
Cash Flow:
$75,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $238,500
Seller Financing: Not Disclosed
About The Business
Year Established: 1998
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 3 weeks.
Reason For Selling: Owners have other interests.
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700107669
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