Loading…

For Sale: Restaurant And Brewery - Long Established - Los Angeles County, California

$395,000.00

Asking Price

  • Status: Active

  • Posting ID: 284326

  • 8/30/24

Los Angeles County Restaurant And Brewery - Long Established Business For Sale
Restaurant And Brewery - Long Established Company For Sale
Los Angeles County Restaurant And Brewery - Long Established Companies For Sale
Buy, Sell A Restaurant And Brewery - Long Established Business
Selling A Los Angeles County Restaurant And Brewery - Long Established
Restaurant And Brewery - Long Established Business Opportunity

Description

Restaurant and Brewery, Established in 2000 - 4,000 Sq. ft., Outdoor Patios, Large Parking Lot, South Bay - Los Angeles

RRC# 4859 

Location:  South Los Angeles


Description:

Long Established craft brewery and restaurant opened in 2000 by current owners.  The business is highly regarded in the community and was named by Los Angeles Business Journal as one of the top family owned businesses in Los Angeles County.  Dedicated to owners’ original promise of comfort, quality and service; the free-standing historic building has its own private parking lot for 50 cars in a highly visible location. The business provides a warm, welcoming place for customers featuring a full menu, offering homemade Pizza and quality food throughout plus signature hand-crafted ales Brewed  on-site.  Premises is licensed for live music.  2023 tax returns show 1.6 million in annual revenues with 2024 on track to produce similar financials. Owners are also the landlords so a brand new long-term lease can be negotiated with many years and  options.  Expectations are monthly rent between $2.50 - $2.95 per square foot, triple net.  The owners have decided to retire and are seeking a motivated, passionate Buyer looking to continue the superb reputation.  Restaurant has full complement of staff. The kitchen boasts a 16’ type 1 hood with fire suppression system, large walk-in, 6 burner stove, oven, char-broiler, salamander, 2 x deep fat fryers, stainless steel worktops and reach in refrigerators.  The dining room has a display wood burning pizza oven and prep area for pizzas and salads.  The dining room seats 65 with a further 25-30 in the bar.  2 outdoor patios seating 25-30 each. The brewery is licensed with a Type 23 Beer Manufacturers License.  7 bbl. Brewery equipment is featured prominently behind the bar. Constant year round Los Angeles coastal climate with cool ocean breezes makes for consistent planning and revenues. 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 and 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: $1,560,000 

Annual Cash Flow: $166000 


General Info:

Ownership: Inc 

Established: 2020

Current Owner: 2020 

Employees:  32

Reason For Sale: Other Interests

Monthly Rent: $2.95 PSF - NNN


Expiration: New Lease Negotiable


Facilities:

Square Feet:  4,000

Seating: 108 + 60 Patio 

Parking: 50+ 

Licenses: ABC Type 23, Business and Health 

Days/Hours of Operation: Friday - Wednesday 11.00am - 9.00pm Closed on Thursdays

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.

Show more

Contact

  1. Name: Steve Zimmerman
  2. phone iconPhone: 888-995-9701

Details

  1. Asking Price: $395,000.00

  2. Down: Call/Email

  3. Cash Flow: $166,000.00

  4. Revenue:    $1,560,000.00

  1. Area: Los Angeles County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Steve Zimmerman Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today