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.
- Current Owner2020
- Reason For SaleOther Interests
- Seating102 + 30 Patio
- Square Feet4,000
- LicensesABC Type 23, Business and Health
- Open HoursFriday - Wednesday 11.00am - 9.00pm Closed on Thursdays
- ExpirationNew Lease Negotiable
- Yearly IncreaseContact for Info
- OptionNew Lease Negotiable
- DepositNew Lease Negotiable
- Monthly Revenue$150,000
- Monthly Cash Flow$13,833
- Annual Revenue$1,800,000
- Annual Cash Flow$166,000
- PayrollContact For Info
- Down PaymentContact For Info
- Note BalanceContact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.