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Asking Price$450,000
Revenue | $500,000 |
Established | 2006 |
Cash Flow | Undisclosed |
Employees | Undisclosed |
FF&E | Undisclosed |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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Popular, Well-established Bar In Sf Mission District With Type 48 Liquor License
Price Reduced: Offered At $450,000
RRC#: 3673 Location: San Francisco County Annual Revenue: $500,000 Annual Cash Flow: Contact For Info Monthly Rent: $8,815
Listing Description: Well-established, popular bar on a busy corridor in San Francisco’s Mission District. The bar has been in operation since 2006. It has an old-school, throwback theme, and is a go-to spot for live dj music and dancing. The bar is being sold as an asset sale. It has been absentee run for a few years, and has maintained its success. A new owner could continue the current style/concept of the bar, or introduce their own concept. Although this bar enjoys long-term popularity and goodwill, the bar’s excellent location could provide a great foundation for launching a new concept in the space. The bar holds an ABC Type 48 full liquor license, AND it also holds a Type 21 license, which means alcohol can be sold to be consumed off-premises. This presents a tremendous opportunity to build on to-go sales and third-party delivery sales. The current owners are not making use of these opportunities, and doing so could substantially increase sales and profit. The bar sales 2016 and prior were $900,000+ and the current sales that can be confirmed are $500,000+. The current lease is through July of 2021 and has a five year option. The landlord has expressed an interest of adding an additional option for the right buyer. General Information: Organization: LLC Established: 2006 Current Owner: Contact For Info Employees: Contact For Info Reason For Sale: Other Interests
Financial Information: Monthly Revenue: $41,700 Monthly Cash Flow: Contact For Info Annual Revenue: $500,000 Annual Cash Flow: Contact For Info Payroll: Contact For Info
Facilities: | Parking: street
Hours: 7pm - 2am Tuesday - Sunday
Seating: 30
Square Feet: 1800 |
Sale Reason: | Other Interests |
Ad #114029
Seller Reference #3673
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