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San Francisco Bar with a Type 48 License, in Prime Downtown Location RRC#: 4142 Asking Price: $399,900 Location: San Francisco Annual Revenue: Contact for Info Annual Cash Flow: Contact for Info Monthly Rent: $7,100 Expiration: Negotiable Listing Description: Centrally located bar on a busy downtown San Francisco thoroughfare for sale. The bar holds a type 48 liquor license, and is priced to sell. The bar is near offices and condos, with more condo and office developments on the way. The bar serves as both a neighborhood dive bar, and a convenient place to grab a drink after work before getting on public transit. The bar is located near major public transportation routes, and as such, it enjoys a lot of foot traffic. The location has a downstairs bar area, and an upstairs loft with a pool table with more seating and arcade. A new owner/operator could capitalize on the existing business by adding a more artisan cocktail program. Prior to the pandemic, the bar’s operating hours were 4pm - 2am daily. In 2019, its revenue was roughly $700,000, with a profit of $246,000. The bar was closed for the majority of the pandemic, but the operator has re-opened, with the operating hours of Wednesday – Friday, 4pm - 2am. The bar is equipped with 3 flat-screen TVs, multiple under-counter refrigerators, and a keg beer tap system. There are two restrooms. General Information: Organization: Corporation Year Established: 2006 Employees: Contact for Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for Info Annual Revenue: Contact for Info Annual Cash Flow: Contact for Info Annual Payroll: Contact for Info Facilities: Square Feet: 1,600 Seating: 49 Parking: Street Days/Hours of Operation: 4pm - 2am Wednesday - Friday Location: San Francisco, California Year Established: 2006 Real Estate: Leased Building Sq. Ft.: 1,600 Rent: $7,100.00 Per Month Facilities: Square Feet: 1,600 Seating: 49 Parking: Street
Listed: Apr 22, 2022
Updated: 2 weeks ago
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