Print Listing - Restaurant and Brewery, Established in 2000

NOT DISCLOSED, California

Asking Price	$395,000	Year Established	2020
Annual Revenue	$1,560,000	Reason for Selling	Other Interests
Annual P/L	$166,000	Attention	Steve Zimmerman
Annual Cash Flow		Listing Number	936598
# of Employees	32	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

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

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

Additional 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