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Asking Price$600,000
Revenue$1,010,000 EstablishedUndisclosed
Cash Flow$180,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High Profit Corner Location Bar and Restaurant with ABC Type 47 Hard Liquor License in the City

RRC#: 3132
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 for this highly profitable bar and restaurant established in 1998 with a walk way heated outdoor patio, on a corner location in a prime upscale San Francisco neighborhood, surrounded by many non-competing restaurants. The lease term runs to 2034 with monthly rent at around $10,000 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: Contact For Info
Monthly Revenue: $84,000
Monthly Cash Flow: $15,000
Ad #107054
Seller Reference #3132
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
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