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Remodeled Cocktail Lounge for sale in San Francisco County, CA

San Francisco County, California (CA)

Asking Price: Gross: Cash Flow:
$ 325,000 Undisclosed Undisclosed

Business Summary:
Remodeled Cocktail Lounge; ABC 48 License; Corner Location; Lots of UpsideRRC#: 3342Asking Price: Offered At $325,000 Location: San FranciscoAnnual Revenue: Contact For InfoAnnual Cash Flow: Contact For InfoMonthly Rent: $6,800Listing Description: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 TVís, 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.General Information:Organization: Sole ProprietorshipEstablished: Contact For InfoCurrent Owner: Contact For InfoEmployees: Contact For InfoReason For Sale: Other InterestsFinancial Information:Monthly Revenue: Contact For InfoMonthly Cash Flow: Contact For InfoAnnual Revenue: Contact For InfoAnnual Cash Flow: Contact For InfoPayroll: Contact For InfoMonthly Revenue: Contact For InfoMonthly Cash Flow: Contact For Info

 

   
Seller Reference Number: 3342
BusinessMart.com Listing Number: 243164
 

 

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For more info contact:

Steve Zimmerman

Restaurant Realty Company
415-945-9701

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