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 Info

  • OrganizationCorporation
  • Established2006
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating49
  • Square Feet1,600
  • ParkingStreet
  • LicensesABC Type 48, Health and Business
  • Open Hours4pm - 2am Wednesday - Friday

Lease

  • Rent$7,100
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • Deposit$10,000

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • 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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