Well-established, popular bar on a busy corridor in San Francisco's Mission District. This bar is longtime favorite, and has received favorable write-ups in online publications such as Thrillist and Infatuation, which continuously attracts new customers. The bar is highly profitable, doing over $1 million in sales, and close to $500,000 in profit. A new owner can easily maintain and build upon the success of the current owners. The bar has an old-school, throwback theme, and is known for having a great dance floor in the back of the bar area. The dance floor, combined with the decor contributes to the bar's popularity. 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 also holds a Type 58 catering permit, which offers the possibility of selling alcohol at catered events. This is another opportunity a new owner could capitalize on.

General Info

  • OrganizationLLC
  • Established2006
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating30
  • Square Feet1800
  • ParkingStreet
  • LicensesABC Type 48, Health and Business
  • Open Hours7pm - 2am Tuesday - Sunday

Lease

  • Rent$8,815
  • ExpirationJuly 2021
  • Yearly IncreaseFixed Increases
  • Option5 Year Option
  • Deposit$10,000

Financials

  • Monthly Revenue$87,401
  • Monthly Cash Flow$40,566
  • Annual Revenue$1,048,815
  • Annual Cash Flow$486,802
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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