Restaurant Realty Company

California's Largest Restaurant Business Brokerage - Specializing in Sales, Acquisitions and Leasing of Restaurants, Bars and Nightclubs

 
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CLICK HERE TO PRINT OUT A CONFIDENTIALITY AGREEMENT
Fax Signed Agreement to
415-945-9702
 

Contact Information
Mailing Address:
Restaurant Realty Company
21 Tamal Vista Blvd.
Suite #201
Corte Madera, CA 94925
Phone: 415-945-9701
Fax: 415-945-9702
Click Here to Email Us


 

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To receive more details on the listing below, please click here to print out a confidentiality agreement. Some listings are confidential and in order for us to release information such as the name of the restaurant and address, you must first fax completed agreements to 415-945-9702.

California's Largest Restaurant Business Brokerage. Specializing in Sales, Acquisitions, and Leasing of Restaurants, Bars and Clubs
 
 

Listing Name:
Popular Bar And Cocktail Lounge With Type 48 License With Over $200,000 Profit Price Reduction

 

RRC#: 

  1452
     
  Location:  Prime Neighborhood
 San Francisco, California
   
Offered at:
 
 $585,000
   



 Listing Description
This long established operation have been in business for many years and is in one of the most popular neighborhoods in the city. There is a long bar, fireplace, cocktail lounge, large dance area with DJ booth, a combination of booth seating and tables and chairs and a couple of private rooms with individual bars and lounges for private parties. Some of the equipment includes as follows: hand sink, 3 ice bins, 10 taps, 3 compartment sink, 4 cash registers, security system, 3 flat screen TV's, walkin refrigerator, mop sink, 2 door glass undercounter refrigerator, microwave and safe, etc. There are a couple of storage areas, and restrooms. There is upside for expanded hours.The Seller will carry back $100,000 of financing for the right offer. This business has had a history of strong sales and profits. The landlord will consider a ten year lease. NO BROKER COOP


General Information
   Contact Information
Organization:   Corporation
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   128++
Square Foot/Size:   3,000++
Parking:   Street, Parking lot
Lic. Required:   Business, ABC Type 48 (Hard Liquor), Entertainment (Dancing, DJ and Live Music)
Days Open/Hours:   7 / 9:30p-2a
Reason For Sale:   Other interests
 
Name:  Steve Zimmerman
 Restaurant Realty Company
Address:  21 Tamal Vista Blvd, Suite 201
 Corte Madera, CA 94925
Phone:  415-945-9701   
Fax:  415-945-9702
Email:  inquiry@restaurantrealty.com
Website:  www.restaurantrealty.com

 

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Financial Information
 
Revenue:   55,000+++
Cash Flow:   $19,500 / month
Current  Inventory:   Contact For Info
Payroll:   Contact For Info

Lease Information
Lease Rent:   $10,000 / month
Lease Expiration:   8/31/2011
Yearly Adjustment:   CPI
Lease Option:   5 Year Option ++
Security Deposit:   Not Available

 
Financing Information
Down Payment:   Contact For Info
All Cash:   Contact For Info
Note Balance:   Contact For Info
Rate/Term of Note:   Contact For Info
 
 

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.


 


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