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Business for Sale Overview:

Currently Not Available - PRICE REDUCTION - Wine Bar In Excellent Location With $140,000 Profit, RRC#: 1123 Location: Excellent Location San Francisco, California Offered at: $395,000 Listing Description -- This beautifully designed wine bar and wine shop was built out at a cost of several hundred thousand dollars. It is located in an extremely high density area with millions of square feet of office space, many hotels and lots of retail activity. There are hundreds of thousands of people within a short walking distance of this site. There is tremendous upside for increased sales and profits for corporate parties and other parties and the addition of an entertainment license which should be straight forward as there is not a significant residential population in the immediate area. Also the seller is absentee which enhances the upside potential. There is a 42 license which is a wine bar license which is very hard to obtain in the city. The design of the store has an upgraded look with a large glass frontage and the space has an open airy feeling. The business has approximately 8-10 corporate-type functions every month on a semi-private basis (doesn't require closing the bar and generates a good profit) with little marketing. In addition to the purchase price, the inventory can be purchased at the seller's cost for approximately $75,000 payable at the close of escrow. NO BROKER COOP.

Property Features and Assets:

General Information --Organization: Corporation Year Established: Contact For Info Current Owner: Contact For Info # of Employees: Contact For Info Seating: 50+ Square Foot/Size: 1,885 Parking: Parking lot Lic. Required: Business, ABC Type 42 (beer & wine with no food required) Days Open/Hours: Contact For Info Reason For Sale: other interests Financial Information -- Revenue: $68,500 / month Cash Flow: $11,666 / month Current Inventory: Contact For Info Payroll: Contact For Info Lease Information -- Lease Rent: $8,870 all inclusive Lease Expiration: 8/2015 Yearly Adjustment: Not Available Lease Option: Not Available Security Deposit: Not Available

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.