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Wine Bar For Sale - San Francisco, California, CA |
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| PROFILE: Currently Not Available - Wine Bar In Excellent Location With $140,000 Profit. |
| Asking Price: |
$395,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$822,000 |
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| Annual Adjusted Net: |
$140,000 |
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| Price Range: |
$250,001-$500,000 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
No |
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DESCRIPTION: Location: Excellent Location
San Francisco, California
Offered At: $395,000
Listing Description - Price Reduction
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Currently Not Available - This Beautifully Designed Wine Bar And Wine Shop Was Built Out At A Cost Of Several Hundred Thousand Dollars. It Is Located In An Extremely High Density Area With Millions Of Square Feet Of Office Space, Many Hotels And Lots Of Retail Activity. There Are Hundreds Of Thousands Of People Within A Short Walking Distance Of This Site. There Is Tremendous Upside For Increased Sales And Profits For Corporate Parties And Other Parties And The Addition Of An Entertainment License Which Should Be Straight Forward As There Is Not A Significant Residential Population In The Immediate Area. Also The Seller Is Absentee Which Enhances The Upside Potential. There Is A 42 License Which Is A Wine Bar License Which Is Very Hard To Obtain In The City. The Design Of The Store Has An Upgraded Look With A Large Glass Frontage And The Space Has An Open Airy Feeling. The Business Has Approximately 8-10 Corporate-Type Functions Every Month On A Semi-Private Basis (Doesn't Require Closing The Bar And Generates A Good Profit) With Little Marketing. In Addition To The Purchase Price, The Inventory Can Be Purchased At The Seller's Cost For Approximately $75,000 Payable At The Close Of Escrow. No Broker Coop.
General Information
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Organization: Corporation
Year Established: Contact For Info
Current Owner: Contact For Info
# Of Employees: Contact For Info
Seating: 50+
Square Foot/Size: 1,885
Parking: Parking Lot
Lic. Required: Business, Abc Type 42 (Beer & Wine With No Food Required)
Days Open/Hours: Contact For Info
Reason For Sale: Other Interests
Financial Information
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Revenue: $68,500 / Month
Cash Flow: $11,666 / Month
Current Inventory: Contact For Info
Payroll: Contact For Info
Lease Information
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Lease Rent: $8,870 All Inclusive
Lease Expiration: 8/2015
Yearly Adjustment: Not Available
Lease Option: Not Available
Security Deposit: Not Available |
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