Price Reduced - Gastropub - Completely Renovated

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$525,000 $1,300,620

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced - Gastropub - Completely Renovated Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,300,620
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 13
BBN Listing #: 215111533
Broker Reference #: 4229

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Business Overview:

Price Reduced - Gastropub - Completely Renovated in 2021 with 3 Outdoor Patios - New Kitchen

RRC#: 4229
Asking Price: $525,000
Location: Los Angeles County
Annual Revenue: $1,300,620
Annual Cash Flow: $250,000
Monthly Rent: $5,000 Base or 7% of Revenues
Expiration: July 2026 plus 5 yr Lease Option

Listing Description:
Price reduced to $525,000. Busy student neighborhood hangout Gastropub with a modern theme offering New American pub grub, burgers & craft beers.

Fully Renovated in 2021 including a ‘Super modern, new’ Kitchen and Bar & Restaurant which has an authentic Gastropub atmosphere. The business proudly operates at around $100,000 in monthly revenues since reopening and is expected to make a 12 month profit exceeding $240,000. See Annualized Financials below. There are currently 13 employees servicing this 1,885 square feet establishment with an outdoor patio & ABC type 41 beer and wine license with monthly rent of only $5,000. The owner will help the new owner with training and any assistance needed in ensuring a smooth handover for this well established (2014) popular hangout.

See reviews; “Went here kinda late for a cold beer and some food after a day of moving and furniture assembly. It was honestly much better than I expected being a burger joint. I expected some mediocre college burger place with lots of cheap watery beer on the list. It is not that at all.”

“The menu is pretty extensive, they’ve got vegetarian burgers and other kinds of sandwiches too. They have a great selection of beers as well. I got the patty melt. Super tasty, not at all soggy like happens all too often. Fries were nice and crispy. We also decided, even though it was a lot of food, to get the chorizo mac & cheese. It was an out of this world delicious decision.”

“The people working the place were super friendly, great service. I will definitely go back.”

“I may have graduated from college 30 yrs ago, but I still know a good college bar/eatery when I see one. This place hit the spot - needed a cold brew and a burger and this place didn’t disappoint. Great outside or inside seating. Also had some Flatbread pizza on our table and it was on point.”

To receive more information and discuss this opportunity with the broker 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.

General Information:
Organization: Inc
Year Established: 2014
Employees: 13
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $108,385
Monthly Cash Flow: $20,800
Annual Revenue: $1,300,620
Annual Cash Flow: $250,000
Annual Payroll: $480,000

Facilities:
Square Feet: 1885 + Outdoor Patio
Seating: 85 indoors + 30 Patio
Parking: Street and Uni
Days/Hours of Operation: 5.00pm - 11.00pm Daily

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:

Square Feet: 1885 + Outdoor Patio Seating: 85 indoors + 30 Patio Parking: Street and Uni

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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