Brew / Gastro Pub With $2.5m Invested
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
This high-end Los Angeles Area Brew Pub is unlike any other bar on the market as it is licensed and capable of brewing its own beer. Much like a Gordon Biersch, BJ's Brewing Restaurant, Karl Strauss, or The Yardhouse, this licensing and set-up allows the owner to create and showcase their own offerings, with guaranteed freshness. At the current price, the Buyer will be the beneficiary of the seller's nearly $3.0 ml plus investment.
Asking Price $750,000.
This nearly 10,000 square foot facility lease for $32,000 per month, however, the landlord is offering a temporary rent concession that may be negotiated with a new tenant. The lease has another 5 years remaining with options available as desired. The facility is approved for an 300 to 400 person occupancy, and comes with the necessary Type 75 Brew-Pub license (which also allows for full-liquor) as well as the necessary conditional use permit.
This business is a brew pub for sale that brews its own beer. As such, it is unique from any competing bar or restaurant and has the ability to attract beer connoisseurs from all of the Greater Los Angeles Area.
This opportunity can be taken into multiple directions. It can continue as a high end gastro-pub, it can be incorporated into a larger brew-pub chain, or it can be introduced to a franchise system that could thrive with a brew-pub concept (e.g. Tilted Kilt - assuming the franchisor would allow it).
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2008
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700111358
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