Multi-functional Event Venue With Kitchen And Brewery In San Francisco

San Francisco, CA (San Francisco County)

Multi-functional Event Venue With Kitchen And Brewery In San Francisco
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Asking Price: N/A

Cash Flow: $93,876

Gross Revenue: $695,193

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $10,143 per Month

Established: 2012

Multi-functional Event Venue With Kitchen And Brewery In San Francisco

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Business Description

Multi-functional Event Venue With Kitchen And Brewery In San Francisco's Soma District; Low Rent

RRC#: 3858
Asking Price: Price Negotiable
Location: San Francisco Annual Revenue: $695,193
Annual Cash Flow: $93,876
Monthly Rent: $10,143

Listing Description:
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.

General Information:
Established: 2012
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interest

Financial Information:
Monthly Revenue: $57,932
Monthly Cash Flow: $7,823
Annual Revenue: $695,193
Annual Cash Flow: $93,876
Payroll: Contact For Info

Square Feet: 11,600
Parking: Metered Street Parking

Detailed Information

Location:
San Francisco, CA
Real Estate:
Leased
Building SF:
11,600
Lease Expiration:
1/1/2025
Financing:
Lease Option Negotiable
Reason for Selling:
Other Interests
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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