Event venue with kitchen and functioning brewery in San Francisco's SOMA district for sale. It holds an ABC type 75 license, which allows for the brewing of beer as well as hard alcohol, beer and wine sales. The space is modern, well-built, and expertly maintained, and displays contemporary art. The space includes a foyer or main reception area which has a small bar, large main theater/great room, the room is equipped with state of the art audio and visual components. The main bar area and kitchen are also on the main floor. Upstairs you will find a lounge loft area with a smaller bar and a separate VIP or green room and office space.
The current owner has mainly used the space for private and corporate parties, and other gatherings and once covid restrictions are lifted the new owner could open the space to the public for club or live music events. Under COVID conditions, the space could be converted and utilize the brewery and kitchen for use as a restaurant/bar/brewery, or the space could host a ghost kitchen for virtual brands or catering/commissary kitchen. At less than $1 per square foot, the rent is well below current market rates, and the current lease expires in January 2025. The space has a tremendous amount of opportunity to use now and into the future. A full equipment list and audio and visual components are available upon request.
- OrganizationContact For Info
- Current OwnerContact For Info
- EmployeesContact For Info
- Reason For SaleOther Interests
- SeatingContact For Info
- Square Feet11600
- ParkingMetered Street Parking
- LicensesABC Type 75 and 58, Health Permit and Business License
- Open HoursContact For Info
- ExpirationJanuary 2025
- Yearly Increase3% Yearly Increases
- Monthly Revenue$57,932
- Monthly Cash Flow$7,823
- Annual Revenue$695,193
- Annual Cash Flow$93,876
- Payroll$Contact For Info
- 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.