Profitable Remodeled Night Club In San Francisco For Sale

Business description

Remodeled Night Club In The Heart Of Soma With $155,000 Profit

RRC#: 1581
Asking Price: $295,000
Location: South of Market, San Francisco, California
Yearly Revenue: $859,200
Yearly Cash Flow: $154,800
Monthly Rent: $7,735 all inclusive

LISTING DESCRIPTION:
A well located night club in the hear of SOMA with a history of strong sales and profits with a Place of Entertainment and Extended Hours Premises Permit (can stay open to 4a). The club has several sections - 1) the primary bar area which contains a long bar and unique lighting system, 2) the dance area which has a DJ booth and large dance floor with distinctive light fixtures, 3) a separate room with another DJ booth and dance floor and its own private entrance and 4) a uniquely designed self contained VIP room. There is also an adjoining cafe with full kitchen. Some of the equipment in the night club includes as follows: hand sink, 3 ice bins, 2 -3 3 door undercounter refrigerators, 3 compartment sink, ice machine, 2 - 42" flat screen TV's, 3 cash registers, 2 compartment sink and 2 door undercounter glass refrigerator, etc. The club has security cameras throughout, 3 ADA bathrooms, 1 bathroom, storage rooms and a large office area.

GENERAL INFORMATION:
Organization: LLC | Seating: 209+ | Square Footage: 3,000 | Parking: Street | Licenses Required: ABC Type 47 (hard liquor) place of entertainment extended hours | Days Open/Hours: 5 / T-SA 10p-2a | Reason For Sale: Other interests |

FINANCIAL INFORMATION:
Yearly Revenues: $859,200 | Yearly Cash Flow: $154,800 |

LEASE INFORMATION:
Monthly Rent: $7,735 all inclusive | Lease Expiration: 9/2016 | Yearly Adjustment: Fixed increases | Lease Option: 5 years |

Property information

Size in square feet:

3,000

Other information

Reasons for selling:

Other Interests

Trading hours:

5 / T-SA 10p-2a