Bar & Lounge in Prime San Francisco Location with Type 48 Liquor

San Francisco, CA
listing image
Asking Price:$349,000
Gross Revenue:$908,139
Established Year:2008
Cash Flow:$54,435
Rent:$6,210/Month
BUSINESS DESCRIPTION

Bar & Lounge in Prime San Francisco Location with Type 48 Liquor and Full Entertainment License

RRC# 4921
Location: San Francisco

Description:
This upscale bar and lounge, located in a bustling area of San Francisco’s SOMA-Financial District, offers a unique blend of elevated craft cocktails, curated small plates, and a sophisticated yet comfortable ambiance. The 2,000-square-foot venue attracts both business professionals and locals, making it an established go-to spot for after-work gatherings, private events, and nightlife. The location is prime and sits next to high-traffic landmarks, major office buildings, Moscone Center and luxury hotels. This is your chance to purchase a turnkey beautifully designed and stylish bar. The bar has a type 48 liquor license and although they currently have a food menu this license allows an operator the choice to have a food menu or not. The space accommodates close to 200 and is perfect for private parties, corporate events and group bookings. The bar was established in 2008 and has a strong reputation, loyal customer base and excellent online reviews. The current operation is open Monday - Friday and there is a huge opportunity to open on the weekends for nightlife given the bar has a full entertainment license.

Financial Information:
Monthly Revenue: $75,678
Monthly Cash Flow: $4,536
Annual Revenue: $908,139
Annual Cash Flow: $54,435

General Info:
Ownership: Partnership
Established: 2008
Employees:
Reason For Sale: Other Interests
Monthly Rent: $6,210 (Gross)
Expiration: November 2028 plus 5 Year Option

Facilities:
Square Feet: 2,000 +/-
Seating:197 Legal Capacity
Parking: Street Parking and Public Parking Lot
Licenses: Contact For Info
Days/Hours of Operation: 4pm - 11pm Monday - Friday


DETAILED INFORMATION
Location
San Francisco, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/11/2028
Facilities
Square Feet: 2,000 +/- Seating:197 Legal Capacity Parking: Street Parking and Public Parking Lot
Reason for Selling
Other Interests
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Steven
Zimmerman
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Steven Zimmerman