Businesses For Sale Network in California - San Francisco Bay Area/ SOMA Restaurant & Bar with $106,000 Profit in Strong Corner Location PRICE REDUCTION
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Listing View: SOMA Restaurant & Bar with $106,000 Profit in Strong Corner Location PRICE REDUCTION - San Francisco, California


Soma Restaurant & Bar With $106,000 Profit In Strong Corner Location Price Reduction
San Francisco, California

Offered at:
$245,000

Office Listing #   RECENTLY SOLD - 1563
Revenue: $50,120 / month
Cash Flow: $8,833 / month
Lease Rent: $4,616 / month
Square Feet: 2,000 approx.

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 Listing Description

This popular neighborhood restaurant and bar is on a busy street and is in a prime corner location and has been an established restaurant and bar for decades. There is a long bar with 7 bar stools and a combination of bar height tables and chairs and dining room tables and chairs. Approximately 70% of the business sales is alcohol sales so there is lots of upside for food sales. There is a full kitchen and some of the equipment includes as follows: 8' type 1 hood with fire suppression system, 2 hand sinks, 12 beer taps, 2 ice bins, 6 - 1/2 door refrigerator, cash register, 3 compartment sink, DJ equipment, 2 compartment sink + rinse hose, dishwasher, salamander, 6 burners over oven, 2'6" x 3' flat grill, double basket fryer, single basket fryer, 2 door undercounter refrigerator + sandwich station, full door freezer, microwave, 12 employee lockers and projector TV, etc. The following items are rented for $500 month - walkin refrigerator, ice machine, bar guns and glycol system. There are also 2 restrooms, an employee restroom, an office and storage areas.

General Information
Contact Information
Organization:   LLC
Year Established:   4
Current Owner:   2007
# of Employees:   Contact For Info
Seating:   40 + 8 outside
Square Foot/Size:   2,000 approx.
Parking:   Street
License(s) Required:   Business, ABC Type 47 (hard liquor)
Days Open/Hours:   7 / M-F 11a-2a SA 4p-2a S 2p-2a
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $50,120 / month
Cash Flow:   $8,833 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   $4,616 / month
Lease Expiration:   12/31/11
Lease Option:   2 Five Year Options
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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