SF BAR for Sale - Strong %Rent Lease. Huge Volume

San Francisco, CA
San Francisco County

34 Mason Street, San Francisco


Asking Price: Annual Revenue:
$245,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: SF BAR for Sale - Strong %Rent Lease. Huge Volume Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $245,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 694111533
Broker Reference #: 4365

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Business Overview:

SF BAR for Sale - Strong %Rent Lease. Huge Volume Potential in a Stunning Space!

RRC# 4365
Location: 34 Mason Street, San Francisco

Description
The highly acclaimed Mikkeller Bar location is for sale. This 40 Tap location created a beer lovers paradise, with the Pre-Pandemic volume and profits to prove it. A unique Type 42 ABC license is in place, as a 21 and up establishment. A Type 47 license should be easy to obtain or transfer here. They cleared $7.5MILLION in sales during their best years here.

Mikkeler Bar created a gastropub style full menu from their fully equipped kitchen. The design of this two story ADA compliant space is top notch. All but the original raw brick walls and metal beams were upgraded and built out prior to opening in 2013. Featuring a stainless steel 40 tap system, amazing natural oak panel walling and banquets, custom lighting and more.

This location offers late night dining and drinking options in this high traffic location. The location is loved by SF locals, tourists and tech workers alike. It also benefits from convention goers and the customers of the many neighboring hotels such as Park 55 Hilton. Additionally, the famous Union Square is a short couple blocks away.

Please reach out for a full equipment list and more information.

Financial Information
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Payroll: Contact for Info

General Info
Organization: Contact for Info
Established: 2013
Current Owner: 2020
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: 5.5% of Sales, not less than $10,000/month
Expiration: August 2027 plus two 7yr options to extend

Facilities
Square Feet: 6,000
Seating: 90seats with 176 Capacity
Parking: Street and Parking Garage
Licenses: Type 42 ABC currently
Days/Hours of Operation: Flexible

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Property Features and Assets:

Square Feet: 6,000 Seating: 90seats with 176 Capacity Parking: Street and Parking Garage Licenses: Type 42 ABC currently

Reason for Selling:

Other Interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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