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 Info

  • OrganizationLLC
  • Established2013
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating50
  • Square Feet1,200 + 400 (basement)
  • ParkingMetered Street Parking
  • LicensesABC Type 47, Business and Health Permit
  • Open Hours4pm - 2am Daily

Lease

  • Rent$6,580
  • ExpirationDecember 2023
  • Yearly IncreaseFixed Yearly Increases
  • Option5 Year Option
  • Deposit$10,000

Financials

  • Monthly Revenue$65,935
  • Monthly Cash Flow$11,709
  • Annual Revenue$791,226
  • Annual Cash Flow$140,513
  • Payroll$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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