Bar for Sale in Lower Nob Hill

Bar for Sale in Lower Nob Hill RRC#: 4200 Asking Price: $450,000 Location: San Francisco, California Annual Revenue: $791,226 Annual Cash Flow: $140,513 Monthly Rent: $6,580 Expiration: December 2023 plus 5 Year Option Listing Description: Turn-key, recently remodeled bar in a busy part of San Francisco. The bar is located in Lower Nob Hill with access to Union Square and Tenderloin, and as such it draws local customers from several neighborhoods in a very dense area of San Francisco. The bar has a Type 47 license, a cocktail program, and a lite food menu The bar has been closed since March of 2020, but did very well prior to the pandemic. This presents an excellent opportunity for a new owner/operator to take over a location with a track record of success, and re-establish it as the go-to bar in the neighborhood. The bar was open 7 days a week from 4pm till 2am. There are no time restrictions and the bar can operate until 2am. The bar has a modern look, a small kitchen (no Type-1 hood), and a basement that houses a walk-in refrigerator, a liquor storage room, and additional storage and office space. General Information: Organization: LLC Year Established: 2013 Employees: Contact for Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: $65,935 Monthly Cash Flow: $11,709 Annual Revenue: $791,226 Annual Cash Flow: $140,513 Annual Payroll: Contact for Info Facilities: Square Feet: 1,200 + 400 (basement) Seating: 50 Parking: Metered Street Parking Days/Hours of Operation: 4pm - 2am Daily Location: San Francisco, California Year Established: 2013 Real Estate: Leased Building Sq. Ft.: 1,600 Rent: $6,580.00 Per Month Facilities: Square Feet: 1,200 + 400 (basement) Seating: 50 Parking: Metered Street Parking