Profitable Restaurant, Bar & Brewery – Est 2000 – 4,000 Sq ft – Outdoor Patio – Huge Parking Lot – South Los Angeles
RRC# 4652
Location: South Los Angeles
Description:
This long-established Brewery & Restaurant opened in August of 2000 by the current husband-and-wife team. The area’s first brewery which has become a staple of the South Bay community.
Dedicated to the owners original promise of comfort, quality, and service and provide a warm, welcoming place for patrons, a menu full of delectable food and signature ales.
2022 tax returns show $1.7million in annual revenue producing 8% profit. Annualized 2023 is slightly increased to $1.8million. The owners are also the landlords so a long-term lease can be negotiated along with many year’s options. Expectations are a monthly rent of $12,000.
After 23 years of operations the owners have decided to retire. Currently semi-absentee with a full team of management, kitchen and serving employees already in place giving them the freedom.
The kitchen equipment boasts a 16’ type 1 hood with fire suppression system, large walk-in, 6 burner stove and oven, char broiler, salamander, 2 x double deep fat fryers and many all-stainless-steel worktops and reach-ins. The dining room has an on-show wood burning pizza oven and prep area for the pizza next to the kitchen which is a show piece and extremely popular with customers. The dining room also seats 65 with a further 25 in the bar and additional 12 barstools. Outdoor seating for 30 with heaters and tall conifer trees separating the patio from the parking lot. There is an ABC type 23 brewery manufacturing license included. The 8 beautiful wooden & copper Brewers tanks are on display behind the bar as a reminder that Craft Beer is being lovingly brewed. There is so much potential to increase the Catering sales and enjoy the all year around good climate Los Angeles has to offer.
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 & 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: $1,800,000
Annual Cash Flow: $166,000
General Info:
Ownership: Inc
Established: 2020
Current Owner: 2020
Employees: 32
Reason For Sale: Other Interests
Monthly Rent: $12,000
Expiration: New Lease Negotiable
Facilities:
Square Feet: 4,000
Seating: 102 + 30 Patio
Parking: 50+
Licenses: ABC Type 23, Business and Health
Days/Hours of Operation: Friday - Wednesday 11.00am - 9.00pm Closed on Thursdays
