Remodeled Cocktail Lounge; ABC 48 License

Not Disclosed, CA
San Francisco County


Asking Price: Annual Revenue:
$325,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Remodeled Cocktail Lounge; ABC 48 License Broker: Steve Zimmerman

Quick Facts

Asking Price: $325,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 151211533
Broker Reference #: 3342

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Business Overview:

This is a rare opportunity to purchase a Type 48 Cocktail Lounge in a desirable corner location which has been remodeled. There is also a full kitchen with type 1 hood if someone wants to serve food which is not currently been used. The owners are also the landlord of the building. They are willing to offer a five year lease plus a five year option. The business has a long bar with 24 bar stools in the bar area and in addition there is a back lounge room which has games and lounge seating. Some of the equipment includes as follows: 2 hand sinks, 2 ice bins, 8' beer box, 3 door undercounter refrigerator + 3 taps, 2 -3 compartment sinks, 6 flat screen TV’s, ice machine, 9' type 1 hood, 3' flat grill + 6 burners over 2 ovens, 2 full door refrigerators, microwave, 2 full door glass refrigerator. The jukebox and pool table are owned by an outside vendor and the revenue is split 50/50. There is upside for expanded hours as the current operator is not maximizing the operation and do zero marketing and are amateur operators. An experienced buyer could greatly increase sales. There are several storage spaces, an office space and 2 ADA restrooms. The value of the license alone is approximately $275,000 by itself. NO BROKER COOP. RRC#: 3342

General Information:
Organization: Sole Proprietorship
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

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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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