Well Established Bar and Restaurant in a Highly Desirable Neighborhood
Asking Price: | $495,000 |
Rent: | $6,551/Month |
Gross Revenue: | $2,220,398 |
Established Year: | 1989 |
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.
Financial Information:
Monthly Revenue: $185,033
Monthly Cash Flow: Contact For Info
Annual Revenue: $2,220,398
Annual Cash Flow: Contact For Info
General Info:
Ownership: Corporation
Established: 1989
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $6,000 + $551 (nnn)
Expiration: 2033
Facilities:
Square Feet: 1,750
Seating: 64 Inside and 28 Outside
Parking: Street Parking
Licenses: ABC Type 47, Business and Health Permit
Days/Hours of Operation: 4pm-8:30pm Monday - Thursday, 2pm - 9pm Friday - Sunday
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