Remodeled Cocktail Bar; Type 48 ABC License

Not Disclosed, CA
San Francisco County

Asking Price: Annual Revenue:
$649,500 $780,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Remodeled Cocktail Bar; Type 48 ABC License Broker: Steve Zimmerman

Quick Facts

Asking Price: $649,500
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: $193,095
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 535711533
Broker Reference #: 3319

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Business Overview:

Large, elegant, art-themed cocktail bar in the financial district of San Francisco. Currently, the business is open from 3:00 p.m. to 12:00 a.m. Monday – Friday, and hosts events on the weekends. This is a rare opportunity to purchase a Type 48 cocktail bar with a very desirable location and hours. The bar has three distinct areas: the main floor is 3,014 square fee, there is a 1,350 square feet mezzanine area with a second bar, and a 1,662 square feet basement. The space can be set up for events and live performances. While the current owners host these types of events on a limited basis, a new owner could build sales by increasing the number of events held in the space. The space fits about 200 total people with plenty of seating, lounge chairs and leather sofas making it very cozy. The mezzanine can be used for private events while open to the public downstairs. The concept was at a different location for 10 years, and moved to the current location in 2016, at which time they spent $350,000 on the build out, which included new hardwood floors, updated plumbing, marble counter bars and leather bar stools, hvac, fiber wiring and a new sound system. The space is equipped with a beer tap system at both bars, beverage cooler, dishwasher, 3 compartment sink, 3 door under-counter refrigerator, wine refrigerator, beer keg cooler, 2 door under-counter refrigerator, 2 walk-in refrigerators. The space has bathrooms upstairs and downstairs. There are 6 flat-screen tv’s throughout. Art, sculpture and liquor are not included with the sale. RRC#: 3319

General Information:
Organization: Inc
Established: 2007
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $65,000
Monthly Cash Flow: $16,091
Annual Revenue: $780,000
Annual Cash Flow: $193,095
Payroll: Contact For Info
Monthly Revenue: $65,000
Monthly Cash Flow: $16,091

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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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