SAN FRANCISCO, California
| Asking Price |
$495,000 |
Year Established |
1989 |
|
| Annual Revenue |
$2,220,398 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Steve Zimmerman |
|
| Annual Cash Flow |
$0 |
Listing Number |
984857 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well Established Bar and Restaurant in a Highly Desirable San Francisco Neighborhood - $2M+ Revenue and Type 47 Liquor License
RRC# 4946
Location: San Francisco
Description:
This highly regarded San Francisco bar and restaurant is located in a beloved and desirable neighborhood. Established in 1989, the business offers 64 indoor seats and 28 outdoor seats, including a parklet and a sidewalk window area, creating a cozy and inviting atmosphere.
The space features a warm, rustic design with wood accents, exposed brick, and soft lighting, offering a relaxed and welcoming environment for guests. It strikes the perfect balance between intimate and casual, with a well-appointed bar area ideal for socializing and comfortable seating for dining. The kitchen is fully equipped with a Type 1 hood and a walk-in refrigerator.
The business has demonstrated strong financial performance, with 2023 revenue of $2,601,556 and projected 2024 revenue of $2,220,398. It operates with a dedicated and experienced team, ensuring smooth day-to-day operations.
Located near Golden Gate Park and UCSF, and surrounded by cafes, boutiques, and cultural landmarks, this prime location benefits from high foot traffic and a vibrant, affluent local community. The neighborhood boasts a high median household income and attracts a mix of young professionals, families, and long-term residents, providing a steady stream of customers.
This turnkey business offers a fantastic opportunity for a buyer to take over an established institution in one of San Francisco's most sought-after areas. There is also room for growth through extending the current limited operating hours, capitalizing on local sports events such as Sunday football, and introducing a weekend brunch program to tap into the strong local demand for brunch dining.
With proven revenue, a loyal customer base, and a prime location, this San Francisco bar and restaurant is well-positioned for continued success and growth.
Property Features and Assets:
<p>Financial Information:</p><p>Monthly Revenue: $185,033 </p><p>Monthly Cash Flow: Contact For Info </p><p>Annual Revenue: $2,220,398 </p><p>Annual Cash Flow: Contact For Info </p><p><br></p><p>General Info:</p><p>Ownership: Corporation </p><p>Established: 1989</p><p>Employees: Contact For Info </p><p>Reason For Sale: Other Interests</p><p>Monthly Rent: $6,000 + $551 (nnn) </p><p>Expiration: 2033 </p><p><br></p><p>Facilities:</p><p>Square Feet: 1,750 </p><p>Seating: 64 Inside and 28 Outside </p><p>Parking: Street Parking </p><p>Licenses: ABC Type 47, Business and Health Permit </p><p>Days/Hours of Operation: 4pm-8:30pm Monday - Thursday, 2pm - 9pm Friday - Sunday</p><p><br></p>
Market Competition and Expansion:
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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