Seller's Contact Information
- RE: Popular Cocktail Bar With Type 48 Liquor License
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $363,679 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 910511533 | |
| Broker Reference #: | 4497 |
Business Overview:
Popular Cocktail Bar With Highly Coveted Type 48 Liquor License For Sale in San Francisco’s SOMA Neighborhood
RRC# 4497
Location: San Francisco
Description:
A cocktail bar is for sale on a main thoroughfare in San Francisco’s SOMA neighborhood. The bar holds a Type 48 liquor license and features a cozy-hip vibe. In business since 2008, the bar has a dedicated local clientele. SOMA is a dense residential neighborhood and is also home to offices and other businesses. Moscone Center is nearby and provides a significant amount of business from convention-goers when events are happening. There is substantial car and pedestrian traffic in the area seven days a week. This is a turn-key operation and ready for the next ownership group. The sales provided below are from the last full year of operation of 2022. Prior to the pandemic the sales were, 2018 $826,545 and 2019 $751,473. The bar is currently run absentee and could do well with a new vision and hands on owner to bring back to pre-pandemic revenue. Financials and a full equipment list are available upon request.
The ABC Type 48 liquor license has a value of $250,000. This is an excellent opportunity to purchase a turn-key bar operation at a tremendous value given the equity of the license it holds.
Financial Information:
Monthly Revenue: $30,306
Monthly Cash Flow: Contact for Info
Annual Revenue: $363,679
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
General Info:
Ownership: LLC
Established: 2008
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: New Lease Negotiable
Expiration: Negotiable
Facilities:
Square Feet: 2,000 /-
Seating: Contact For Info
Parking: Street Parking
Licenses: Type 48 Liquor License, Business and Health Permit
Days/Hours of Operation: 5pm - 12am Tuesday - Thursday, 5pm - 2am Friday, Saturday
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.
Property Features and Assets:
Square Feet: 2,000 /- Seating: Contact For Info Parking: Street Parking
Reason for Selling:
Other Interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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