Cocktail bar with food offerings in one of San Francisco's hippest neighborhoods for sale. The bar has a speakeasy vibe, and regular entertainment and other events. The space features a main bar area, as well as another bar area that can be used for private events or to expand the total capacity of the space. There is a new 3 parking space parklet out-front which has increased the total capacity. The bar is situated in a mixed residential/commercial neighborhood, with other restaurants, bars and boutique shopping nearby. It is a popular area for locals and visitors alike. Very dense and high amount of foot traffic in the area throughout the day and into the night. Currently, the bar opens at 5:00 pm daily, and the owners have a sub-leaser running a lunchtime pop-up out of the space. This sublease can be continued or a new owner could take over operations of the lunch time business. Please complete an nda for more information on this opportunity.

General Info

  • OrganizationLLC
  • Established2012
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating85 Inside 42 Outside
  • Square Feet2,461
  • ParkingStreet Parking
  • LicensesType 47 Liquor License, Business and Health Permit
  • Open Hours5pm-10pm Tuesday - Thursday and 5pm -12am Friday, Saturday

Lease

  • Rent$12,537
  • ExpirationApril 2022
  • Yearly Increase3% Increases
  • Option2 Five Year Options
  • Deposit$17,900

Financials

  • Monthly Revenue$100,745
  • Monthly Cash Flow$16,155
  • Annual Revenue$1,208,944
  • Annual Cash Flow$193,862
  • Payroll$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.

Location