Cocktail Bar and Real Estate; Ground Floor

Not Disclosed, CA
San Mateo County


Asking Price: Annual Revenue:
$2,219,999 $312,285

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cocktail Bar and Real Estate; Ground Floor Broker: Seller of Business

Quick Facts

Asking Price: $2,219,999
Annual Revenue: $312,285
Net Profit: Not Disclosed
Cash Flow: $133,167
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 242611533
Broker Reference #: 3490

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Business Overview:

Own a piece of history! Perfectly located on one of the Bay Area’s most vibrant downtown strips, this is a rare opportunity to own an iconic mixed-use commercial/residential building. Ground floor commercial was originally a butcher shop but has been occupied for nearly 80 years by a cocktail bar. The current adjusted net income is $70,695. Street level commercial is approximately 1,550 square feet with two half baths, storage and outdoor patio, 2nd level residential is approximately 1,097 square feet and offers 2 bedrooms,1 bath with living room, dining room, kitchen and outdoor deck. Ideal access to: 101, Caltrain, BART, 15 minutes from downtown SF, SF airport and 30 minutes from Silicon Valley! Net operating income on this rental is currently $57,214. RRC#: 3490

General Information:
Organization: Sole Proprietorship
Established: 1941
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $26,948
Monthly Cash Flow: $11,097
Annual Revenue: $312,285
Annual Cash Flow: $133,167
Payroll: Contact For Info
Monthly Revenue: $26,948
Monthly Cash Flow: $11,097

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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