Cocktail bar for sale on a main thoroughfare in San Francisco's SOMA neighborhood.  The bar holds a Type 48 liquor license, and features a cozy-hip vibe.      The bar has been in business since 2008, and has a dedicated local clientele.  SOMA is a dense residential neighborhood, and is also home to offices and other businesses.  Moscone Center is nearby, and provides a significant amount of business from convention-goers when conventions are happening.  There is substantial car and pedestrian traffic in the area seven days a week.  This is a turn-key operation and ready for the next ownership group.  The sales provided below are from the last full year of operation in 2019.  Financials and a full equipment list are available upon request.  

General Info

  • OrganizationLLC
  • Established2008
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet2,000 +/-
  • ParkingStreet Parking
  • LicensesType 48 Liquor License, Business and Health Permit
  • Open Hours5pm - 12am Tuesday - Thursday, 5pm - 2am Friday, Saturday

Lease

  • Rent$10,213
  • ExpirationNovember 2022
  • Yearly IncreaseFixed Yearly Increases (3.5%) Term and Option
  • Option5 Year Option
  • Deposit$6,000

Financials

  • Monthly Revenue$62,622
  • Monthly Cash FlowContact for Info
  • Annual Revenue$751,473
  • Annual Cash FlowContact For Info
  • PayrollContact for Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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