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Inglewood, Los Angeles County, California
Asking Price
$199,000
Revenue
$283,039
Down
$119,400
Cash Flow
$56,608
Name: Mahmud Ulkarim
Phone: Show phone number
Name
Mahmud Ulkarim
Phone
Show phone number
Posting ID:
279450
Attributes:
Absentee Run
Broker Cooperation
For Sale By Owner
Owner/Seller Financing
Semi Absentee Run
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This absentee operated Long Beach market boasts a built-in client base due to its ideal location within a bustling residential and commercial area. The business, which didn’t skip a beat during the pandemic, caters to its built-in customer’s daily needs. This 652 square foot market leases for $2,016 per month on a lease until 2026 with one 6 year option. All of the business’s furniture, fixtures, equipment and Type 20 Beer & Wine License will be included in the sale. An estimated $35,000 in retail inventory will be sold at cost at close in addition to purchase price. Due to this market’s location, it is somewhat insulated from competition in the immediate vicinity. This gives rise to the opportunities new management has to grow the business since they can fulfill any number of additional patron shopping or service needs, while threats from competition remain limited. New management may capitalize on this venue’s unique location and beer & wine license that caters to patrons that reside nearby. Due to this, the venue has the unique opportunity to add coffee, as it couldn’t in the past due to a non-compete agreement. Similarly, ready cooked foods or catered meals (prepared off-site, in an approved facility) may provide additional revenue opportunities. Finally, as the market is absentee-operated it would likely benefit from a personable full-time working owner-operator that is customer service oriented.

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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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