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Cerritos, Los Angeles County, California
Asking Price
$179,000
Revenue
$240,000
Down
Call/Email
Cash Flow
$60,000
Name: Sinclair Kim
Phone: Show phone number
Name
Sinclair Kim
Phone
Show phone number
Employees:
6
Reason for sale:
Too far from home
Size in Square Feet:
790 sqft
Lease Terms:
4+5
Posting ID:
288662
Business Category:
Restaurants & Food
Business Types:
Boba Shop, Boba Cafe
Keywords:
Cerritos, los angeles county, california, franchise, boba, fast food
Attributes:
Training And Support
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Los Angeles, California
Restaurant Opportunity Ideal for Owner-Operated or Family-Run Business (Asset Sale Available)
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This brewery and public house, located on Los Angeles’s West Side, offers house-made brews, craft cocktails, and California comfort food in a welcoming atmosphere in what is likely its area’s most sought after location. The venue is constructed around its onsite brewing system, with a variety of indoor and outdoor seating options. The well-appointed establishment aims to foster community engagement through private events and community collaborations. This is not an SBA candidate as financials will not be provided in the sale. This nearly 5k square foot brewpub boasts an attractive outdoor patio, with combined indoor, outdoor and bar seating for up to 200 patrons in a historic architectural building. The premise leases for just over $33k per month, plus triple net expenses, on a lease until July 2027 with 5 year options. All of the business's furniture, fixtures, equipment and Type 75 Brewpub License will be included in the sale. Approximately $10k in inventory will be sold at cost at close. This venue occupies a dominant location with stellar street visibility and foot traffic in a highly sought after location. While the venue is surrounded by several dining or entertainment options, this is the only brewpub in the immediate area, and one of only a few options with as sophisticated of character that lends itself as a venue to high end meeting or events, but also weekend revelry amongst friends or work cohorts. While the brewpub has the potential to remain a cash cow for years to come without any major adjustments, its coveted location and versatile layout also make it an ideal acquisition target for an established brewpub or craft beer-oriented chain that desires a prominent flagship location. New management may leverage the facility’s central location by promoting private events within its neighboring communities and institutions.

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