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Bar/Restaurant/ Residential Hotel

San Francisco, California (San Francisco County)

Retail - Bars/Taverns | Services - Hotels & Other Lodging

Asking Price $5,300,000 Inventory  
Gross Income $1,200,000 Real Estate $4,700,000* 
Cash Flow Not Disclosed Year Established 2004
FF&E N/A Employees 18

* included in the asking price

** not included in the asking price

Bar/Restauant/Res. Hotel a San Francisco institution

This business location has been a Bar/Restaurant for over 80 years. The present owners remodeled the location about four years ago. New plumbing, electrical, kitchen, Bar and dinning room. The bathrooms are ADA. They have a type 47 ABC as well as an entertainment permit. They will sell with the real estate or just the business. The residential hotel has 13 rooms for guests and two rooms for manager. They have shared bathroom arrangements. They only open for dinner and bar at this time. The location is near the Civic Center to draw a lunch time business.

Facilities: Completely remodeled. Approx. 3,300 Sq Ft. 170 seating capacity. public parking across the street. Very European Decor. Will sell the business separate for $600,000+ with new lease @ $13,000 per month.

Competition: This is a very busy area of San Francisco. Know as Polk Gulch. The area has become a vibrant night life with great restaurants, Bars, Clubs, stores as well as residential.

Growth/Expansion: A full time owner operator can manage this business more efficiently.

Support/Training: Two Weeks

Reason Selling: Other Business

AD # 380402

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