$495,000.00
Asking Price
Status: Active
Posting ID: 284326
12/15/23
Description
This long-established brewery & restaurant opened in August of 2000 by the current husband-and-wife team. The area’s first brewery which has become a staple of the South Bay community. It is 4,000 sq ft. with an outdoor patio and a huge parking lot. It is located in South Los Angeles.
Dedicated to the owner's original promise of comfort, quality, and service and provide a warm, welcoming place for patrons, a menu full of delectable food and signature ales.
2022 tax returns show $ 1.7 million in annual revenue producing 8% profit. Annualized 2023 is slightly increased to $ 1.8 million. The owners are also the landlords so a long-term lease can be negotiated along with many year’s options. Expectations are a monthly rent of $12,000.
After 23 years of operations, the owners have decided to retire. Currently semi-absentee with a full team of management, kitchen, and serving employees already in place giving them the freedom.
The kitchen equipment boasts a 16’ type 1 hood with a fire suppression system, a large walk-in, 6 burner stove and oven, charbroiler, salamander, 2 x double deep fat fryers, and many all-stainless-steel worktops and reach-ins. The dining room has an on-show wood-burning pizza oven and prep area for the pizza next to the kitchen which is a showpiece and extremely popular with customers.
The dining room also seats 65 with a further 25 in the bar and additional 12 barstools. Outdoor seating for 30 with heaters and tall conifer trees separating the patio from the parking lot. There is an ABC type 23 brewery manufacturing license included. The 8 beautiful wooden & copper brewer tanks are on display behind the bar as a reminder that Craft Beer is being lovingly brewed.
There is so much potential to increase catering sales and enjoy the all-around good climate Los Angeles has to offer.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, 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.
Financial Information:
Monthly Revenue: $150,000
Monthly Cash Flow: $13,833
Annual Revenue: $1,800,000
Annual Cash Flow: $166,000
General Info:
Ownership: Inc
Established: 2020
Current Owner: 2020
Employees: 32
Reason For Sale: Other Interests
Monthly Rent: $12,000
Expiration: New Lease Negotiable
Facilities:
Square Feet: 4,000
Seating: 102 + 30 Patio
Parking: 50+
Licenses: ABC Type 23, Business and Health
Days/Hours of Operation: Friday - Wednesday 11.00am - 9.00pm Closed on Thursdays
RRC# 4652
Location: South Los Angeles
To get more information about this Restaurant And Brewery - Long Established business for sale in Los Angeles County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284326 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant And Brewery - Long Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $495,000.00
Down: Call/Email
Cash Flow: $166,000.00
Revenue: $1,800,000.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278573 | Available | 4/21/24
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Down
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Cash flow
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Revenue
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Cash flow
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Revenue
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Revenue
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$464,879
Revenue
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Down
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Cash flow
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Revenue
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Down
Call/Email
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Cash flow
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Revenue
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Down
Call / Email
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Cash flow
$360,663
Revenue
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Down
$105,000
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Cash flow
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Revenue
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Down
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Cash flow
$225,886
Revenue
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Down
$725,000
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$338,000
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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