Posting Details

Bar And Restaurant For Sale - San Francisco County

High Profit - Established Bar & Restaurant - ABC Type 47 Hard Liquor License - Located in the City.

RRC#: 3252
Asking Price: Offered At $600,000
Location: San Francisco County
Annual Revenue: $1,010,000
Annual Cash Flow: $180,000
Monthly Rent: $9,855 including NNN

Listing Description:
SBA loan pre-approved only $150,000 down for this highly profitable bar and restaurant established in 1998. There's a heated front outdoor patio, on a corner location in a prime upscale San Francisco neighborhood, surrounded by many Bars & Restaurants. The lease term runs to 2034 with monthly rent at 9855 including NNN. Annual sales in excess of $1 million with a healthy 20% net profit. Good books & records with verifiable financials and provable cash-flow. The owner is totally absentee visiting just once or twice per month. The 17 long-term employees take care of the day-to-day business operation, which is open from 4pm to close daily plus weekend brunch from 11am. Small but efficient kitchen with a type 1 hood and fire suppression system, 6 burner stove with flattop and double ovens plus two deep fryers, small double ��Bakers Pride' Pizza ovens, upright fridge and two refrigerated worktops. Basement storage includes a walk-in cold room and dry goods area. Bar and dining room seats 72 with a combination of booths, regular tables and high community tables including 10 barstools plus a further 24 on the heated outdoor patio. The bar with its mirrored back bar incased in Antique wood is the central focal point with a hard liquor license, array of whiskies and spirits and 15 beers on tap. A Micros POS system ensures full accountability and control together with 8 security cameras. $600,000 is the asking price that includes the valuable city Type 47 hard liquor license. This is a highly confidential listing so please complete the ��Non Disclosure Agreement' on our site and we'll send you the name and address with full financial information, lease & the list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Contact For Info
Established: 1950
Current Owner: 1998
Employees: 17
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $84,000
Monthly Cash Flow: $15,000
Annual Revenue: $1,010,000
Annual Cash Flow: $180,000
Payroll: $21,417
Monthly Revenue: $84,000
Monthly Cash Flow: $15,000
The listing # 247735 Bar And Restaurant - San Francisco County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Bar And Restaurant in San Francisco County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Jim Saxton SF Liquor Licenses
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