Located in the Tenderloin, the brewpub is listed for $390,000 on the Restaurant Realty Company website, which also touts the bar’s $3.8 million in annual sales, $220,000 to $330,000 in net profits, and a Type 42 license, authorizing the sale of beer and wine for on- or off-premise consumption and does not require food service. Rent for the location is set at a non-negotiable $11,700.
“This 40 tap location created a beer lovers’ paradise, with the volume and profits to prove it,” the ad reads.
Mikkeller’s San Francisco outpost closed last week, citing “the financial strain of the pandemic,” SFGate reported. The location is co-owned by Chuck Stilphen, who also co-owned the Los Angeles location, and said he is “getting out of the business.”
Mikkeller is based in Copenhagen, Denmark, and continues to operate a location in San Diego. The brewery’s founder, Mikkel Borg Bjergsø, co-owned the San Francisco and Los Angeles locations with Stilphen.
The pair also operated a Mikkeller location in Oakland but that location was also closed and has since rebranded as Trappist Provisions in February of 2019.