The highly acclaimed Mikkeller Bar location is for sale. This 40 Tap location created a beer lovers paradise, with the 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 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.

General Info

  • OrganizationContact For Info
  • Established2013
  • Current Owner2012
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating90 seats with 176 capacity
  • Square Feet6000
  • ParkingStreet and Parking Garage
  • LicensesType 42 ABC currently
  • Open HoursFlexible

Lease

  • Rent$11,700 NNN
  • ExpirationAugust 2022 plus 5yr option
  • Yearly IncreaseContact For Info
  • OptionTWO 5-YR Options
  • Deposit$9,000

Financials

  • Monthly Revenue$317,388
  • Monthly Cash Flow$18,000 - $28,000
  • Annual Revenue$3,808,653
  • Annual Cash FlowContact For Info
  • Payroll$$119,674

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location