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- RE: Los Angeles Bar, Restaurant & Brewpub
- Contact: Ryan Clark
Quick Facts
Asking Price: | $1,000,000 | |
Annual Revenue: | $2,515,526 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | Not Disclosed | |
BBN Listing #: | 991463 | |
Broker Reference #: | BRUPUB |
Business Overview:
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.
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Property Features and Assets:
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.
Market Competition and Expansion:
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.
Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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