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For Sale Bar In San Francisco, California

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Contact: Jeffrey Ota at 415-272-5061, 415-272-5061 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 245130
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High SDC  
Key Words: bars, san francisco
Financial Info: Price: $675,000. Down: $675,000. Adjusted Net: $250,000 - $280,000 (estimated). Annual Revenues: $800,000 (estimated). New Rent: $10,000/month. New Lease Term: 5 years. Option: 5 years.
Profile: BBB#: 1508
Asking price: $675,000
Location: San Francisco, SF County, CA
Yearly Revenues: $800,000 (estimated)
Yearly Cash Flow: $250,000 - $280,000 (estimated)
New Rent: $10,000/month

Listing Description:
Super good location! Near Hayes Valley on major street. Full bar is located in super high pedestrian and motorist traffic. Very easy access bart/muni. The bar has been over 50 years. ATM machine, juke box, pool table, 2 POS, 7 tv, 2 hand sinks, 1 mop sink, 4 coolers, 2 ADA compliant restrooms. The premises has been remodeled contemporary with the current codes. It's turn-key.

Please contact to agent for more detailed information.

General Information:
Organization: LLC | Year Established: 1968 | Current Owner: 2006 | Seating: 49 | Size: approximately 1,600 sq. ft. | Parking: On the street | Licenses Required: ABC 48 Full Liquor, Business, Health | Days Open/Hours: 7 days open, 12pm - 2 am on weekdays and 4pm - 2am on weekends | Reason For Sale: Health issues |

Financial Information:
Yearly Revenues: $800,000 (estimated)
Yearly Cash Flow: $250,000 - $280,000 (estimated)

Lease Information:
New Rent: $10,000/month | New Lease Term: 5 years | Option: 5 years |

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Jim Saxton at 925-787-0770   Log In To Message/Email This Contributor
Profile: Over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area, CA is very qualified to resolve all of your concerns during the liquor license transfer process.
Key Words: jim saxton, restaurant, restaurants, bar, bars, liquor license, liquor licenses, type 48, type 47
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: In most business transactions, the seller compensates their business broker upon the successful sale of their business. The fees/commission are specified in the listing agreement, including the amount, who pays it, when it's paid, and the expectations of the broker. BBN's Jordan Green explains.
Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: When selling your business, it is important to remember that over 80 percent of businesses that go to market never sell. In order to avoid becoming a part of that discouraging statistic, you must revisit these 5 important questions to ensure your business is set up and prepared to sell.
Key Words: jordan green, selling, seller, business for sale, marketing, landlord, lease, rent, cash-based businesses, broker, business broker, advertise
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Jim Saxton - Liquor Licenses - SF Bay Area - 0219
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