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Business For Sale
BEAUTIFUL RESTAURANT, BAR AND HOTEL + REAL ESTATE
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Asking Price: |
$4,500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other interests |
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Year Established:
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1910 |
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Yearly Gross Income:
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$1,370,000 |
Business for Sale Overview:
PRICE REDUCTION - Beautifully Designed Restaurant, Bar And Hotel plus Real Estate.
Location: Nob Hill, San Francisco, California.
Offered at: $4,500,000.
Listing Description:
This beautifully decorated and historic restaurant and bar is in a great location in Nob Hill. Stained glass windows, hanging chandeliers and its beautifully polished wood floors make for the restaurant's elegance, while the bar houses a strikingly stunning marble floor. The restaurant and bar together gross approximately $1.2 Million per year while the residential hotel grosses approximately $170,000 per year. There are 13 rooms in the hotel, along with 2 rooms for live-in managers/employees bathrooms are shared. The restaurant was completely remodeled in regards to seismic, electrical and plumbing planning. The bar/restaurant is available for $600,000 with a lease at $13,000 per month.
Property Features and Assets:
General Information:
Organization: Corporation;
Year Established: 1910;
Current Owner: 2005;
# of Employees: Contact For Info;
Seating: Contact For Info;
Square Foot/Size: Building: 6,300, Lot: 3,300;
Parking: Contact For Info;
License Required: Business, Type 47 Liquor (hard liquor), Entertainment;
Days Open/Hours: 7 days;
Reason For Sale: Other interests.
Financial Information:
Revenue: see listing description.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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