Cocktail Bar In Premier Sf Neighborhood

www.GlobalBX.com

Listing ID: 700367251

Listing Title: Cocktail Bar In Premier Sf Neighborhood

Quick Link: http://www.globalbx.com/listing.asp?bId=367251

Industry: Bars and Nightclubs

Industry Segment: Other Bars and Nightclubs

Country: United States

State / Province: California

Area Northern California - Bay Area

City: San Francisco

Asking Price Range: $250K - $500K

Gross Revenues: $1,208,944

Cash Flow: $193,862

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2012

Number of Employees: 4 - 5

Business Description:
Cocktail Bar + Restaurant in Premier SF Neighborhood w/ Full Liquor License; $1.2 Million Sales RRC#: 4060 Asking Price: $400,000 Location: Premier San Francisco Neighborhood Annual Revenue: $1,208,944 Annual Cash Flow: $193,862 Monthly Rent: $12,537 Expiration: April 2022 Listing Description: Cocktail bar with food offerings in one of San Francisco's hippest neighborhoods for sale. The bar has a speakeasy vibe, and regular entertainment and other events. The space features a main bar area, as well as another bar area that can be used for private events or to expand the total capacity of the space. There is a new 3 parking space parklet out-front which has increased the total capacity. The bar is situated in a mixed residential/commercial neighborhood, with other restaurants, bars and boutique shopping nearby. It is a popular area for locals and visitors alike. Very dense and high amount of foot traffic in the area throughout the day and into the night. Currently, the bar opens at 5:00 pm daily, and the owners have a sub-leaser running a lunchtime pop-up out of the space. This sublease can be continued or a new owner could take over operations of the lunch time business. Please complete an nda for more information on this opportunity. General Information: Organization: LLC Year Established: 2012 Current Owner: Contact for Info Employees: Contact for Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: $100,745 Monthly Cash Flow: $16,155 Annual Revenue: $1,208,944 Annual Cash Flow: $193,862 Payroll: Contact for Info Facilities: Square Feet: 2,461 Seating: 85 Inside 42 Outside Parking: Street Parking Days/Hours of Operation: 5pm-10pm Tuesday - Thursday and 5pm -12am Friday, Saturday



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