Business For Sale

High Profit Corner Location Bar and Restaurant

Not Disclosed, CA
San Francisco County

Asking Price: Annual Revenue:
$600,000 $1,010,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Profit Corner Location Bar and Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,010,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 521711533
Broker Reference #: 3132

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Business Overview:

SBA loan pre-approved for this highly profitable bar and restaurant established in 1998 with a walk way heated outdoor patio, on a corner location in a prime upscale San Francisco neighborhood, surrounded by many non-competing restaurants. The lease term runs to 2034 with monthly rent at around $10,000 including NNN. Annual sales in excess of $1 million with a healthy 20% net profit. Good books & records with verifiable financials and provable cash-flow. The owner is totally absentee visiting just once or twice per month. The 17 long-term employees take care of the day-to-day business operation, which is open from 4pm to close daily plus weekend brunch from 11am. Small but efficient kitchen with a type 1 hood and fire suppression system, 6 burner stove with flattop and double ovens plus two deep fryers, small double ‘Bakers Pride’ Pizza ovens, upright fridge and two refrigerated worktops. Basement storage includes a walk-in cold room and dry goods area. Bar and dining room seats 72 with a combination of booths, regular tables and high community tables including 10 barstools plus a further 24 on the heated outdoor patio. The bar with its mirrored back bar incased in Antique wood is the central focal point with a hard liquor license, array of whiskies and spirits and 15 beers on tap. A Micros POS system ensures full accountability and control together with 8 security cameras. $600,000 is the asking price that includes the valuable city Type 47 hard liquor license. This is a highly confidential listing so please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail. RRC#: 3132

General Information:
Organization: Contact For Info
Established: 1950
Current Owner: 1998
Employees: 17
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $84,000
Monthly Cash Flow: $15,000
Annual Revenue: $1,010,000
Annual Cash Flow: $180,000
Payroll: Contact For Info
Monthly Revenue: $84,000
Monthly Cash Flow: $15,000

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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