Restaurant And Brewery, Established In 2000

Business Overview:

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 request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

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

Market Competition and Expansion:

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

Reason for Selling:

Other Interests

Additional Details:

Documents:

Relevant Links:

• View more California businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker