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Los Angeles County, California
Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, Price Reduced to $120,000. Asset Sale with ABC Type 47 Hard Liquor License
Asking Price
$120,000
Revenue
$780,000
Down
Call/Email
Cash Flow
Call/Email
Description
Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, Price Reduced to $120,000. Asset Sale with ABC Type 47 Hard Liquor License
RRC# 5349
Asking Price: $120,000
Location: 13020 Pacific Promenade
Annual Revenue: $780,000
Annual Cash Flow: Contact for Info
Monthly Rent: $17,707
Listing Description:
Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, near Marina Del Rey - Price Reduced to $120,000, plus the seller may carry a portion of the purchase to well qualified buyers. This Playa Vista area Restaurant and Bar offers great food, beers, cocktail sippers, wine aficionados, sports freaks, secret admirers, and urban cowboys a fabulous experience.
This is an asset sale asking only $120,000 for a fully equipped 2,500 sq ft bar and restaurant including an ABC Type 47 Hard Liquor License (current value $70,000) that back in 2022 & 2023 was enjoying $150,000 monthly sales revenues and high profits. Due to the recent absence of the owner, business has lost considerable revenue, hence the exceptionally low asking price.
With it’s showcase of innovative brews, 36 draft beers on tap, a wide selection of domestic and imported wines, a specialty cocktail menu.
Indoor communal tables and bar seating provide the options for solo diners, large group meals, and everything in-between and outdoor seating with patio seating for 60. 9 flat screen TVs to watch your favorite team's games anywhere you sit!
There is a large fully fitted kitchen with a 12ft type 1 hood and fire suppression system, 12’x8’ walk-in, 2 deep fryers, broiler, stove, ovens and ample work surface allowing for most food concepts to be comfortably prepared while the surrounding area is busy with multi-million-dollar condos and houses for walk up customers. Currently serving creative casual food, see photos.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
RRC# 5349
Asking Price: $120,000
Location: 13020 Pacific Promenade
Annual Revenue: $780,000
Annual Cash Flow: Contact for Info
Monthly Rent: $17,707
Listing Description:
Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, near Marina Del Rey - Price Reduced to $120,000, plus the seller may carry a portion of the purchase to well qualified buyers. This Playa Vista area Restaurant and Bar offers great food, beers, cocktail sippers, wine aficionados, sports freaks, secret admirers, and urban cowboys a fabulous experience.
This is an asset sale asking only $120,000 for a fully equipped 2,500 sq ft bar and restaurant including an ABC Type 47 Hard Liquor License (current value $70,000) that back in 2022 & 2023 was enjoying $150,000 monthly sales revenues and high profits. Due to the recent absence of the owner, business has lost considerable revenue, hence the exceptionally low asking price.
With it’s showcase of innovative brews, 36 draft beers on tap, a wide selection of domestic and imported wines, a specialty cocktail menu.
Indoor communal tables and bar seating provide the options for solo diners, large group meals, and everything in-between and outdoor seating with patio seating for 60. 9 flat screen TVs to watch your favorite team's games anywhere you sit!
There is a large fully fitted kitchen with a 12ft type 1 hood and fire suppression system, 12’x8’ walk-in, 2 deep fryers, broiler, stove, ovens and ample work surface allowing for most food concepts to be comfortably prepared while the surrounding area is busy with multi-million-dollar condos and houses for walk up customers. Currently serving creative casual food, see photos.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
To get more information about this Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, Price Reduced to $120,000. Asset Sale with ABC Type 47 Hard Liquor License business for sale in Los Angeles County, California please contact Steve Zimmerman (Broker - BRE License #:01310250) at inquiry@restaurantrealty.com or +18889959701
Business Details
Reason for sale:
Other Interests
Property Information
Size in Square Feet:
2,666 sqft
Lease & Tenant Information
Lease Options:
$17,707
Posting Information
Posting ID:
2198498
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
American Restaurant
Attributes:
License (Liquor, etc.)
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Gulp Restaurant & Brew Co, 13020 Pacific Promenade, Los Angeles, Price Reduced to $120,000. Asset Sale with ABC Type 47 Hard Liquor License
Posting ID
#2198498
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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