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For Sale Bar In South San Francisco, San Mateo County, CA

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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 #: 253142
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Key Words: bars, south san francisco, san mateo
Financial Info: Price: $249,000. Down: $249,000. Adjusted Net: Call / Email. Annual Revenues: $360,000. Rent: $6,400/month including Upstairs Living Space Apartment (2 Bedrooms & 1 Bathroom), ABC 48 Full Bar License & 58 Catering License.
Profile: Asking Price: $249,000
Location: South San Francisco, San Mateo, CA
Estimated Yearly Revenues: $360,000
Estimated Yearly Cash Flow: Contact For Information
Rent: $6,400/month

Listing Description:
Long-Established Full Bar in a single building is for sale in South San Francisco. The Bar has a patio and there is a residential living space upstairs which is 2 Bed Rooms and 1 Bathroom. The business owner can live upstairs. The rent is $6,400/month including the residential space.

General Information:
Organization: Individual | Year Established: 1992 | Current Owner: 2010 | Size: 2,000 sq. ft. | Parking: Private Parking Lot, Street | Licensed Required: ABC 48 Full Bar License, ABC 58 Catering Permit, Business, Health | Days Open/Hours: Monday - Wednesday: 3pm to 10pm, Thursday - Saturday: 3pm to Midnight, Sunday: 1pm - 9pm. | Reason to Sell: Other Investment |

Financial Information:
Estimated Yearly Revenues: $360,000
Estimated Yearly Cash Flow: Contact For Information

Lease Information:
Monthly Rent: $6,400 including the apartment upstairs (2 Bedrooms & 1 Bathroom) | Lease Expiration: 2024 | Option/Extension: Negotiable |

Professional Resources & Contacts To Help You Close Your Deal!

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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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: 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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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: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
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