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Iconic High Volume-Restaurant & Brewery with Great Location $3,500,000 Sales
High-Volume, Restaurant and Bar with Full Liquor & Brewery
This iconic restaurant and brewery, a manager-run operation with annual sales of approximately $3,500,000, serves a combination and natural foods, cocktails, and house-brewed beers. Located in a highly desirable and trendy neighborhood with an excellent lease, the beautiful two-story building, including a mezzanine, spans 4,408 sq. ft. It features a spacious dining room, a separate bar and dining area, a charming upstairs dining mezzanine, and outdoor seating with a total of 150 seats. Additionally, there is an in-house 7-barrel brew house complete with 6 jacketed fermenters and glycol system with 36 beers on tap.
The back of the house offers a full kitchen, a bakery kitchen with a walk-in freezer, 2 storage rooms, 2 walk-in coolers, a dishwashing area, a full office, and a small office, and a fully equipped brewing area.
This is the ideal restaurant for an experienced restaurateur with strong financials looking to take over a well-established, high-revenue business in a bustling location. Do not miss the opportunity to own this gem, which has a proven history of success since 2010! This is an asset sale. POS sales will be provided. This sale requires a cash buyer.
Features and Equipment Include: Brewery: Brew House with 6 jacketed fermenters, 2 storage tanks, glycol system, walk-in cooler and keg elevator. Bar: 36 tap beer system, beverage cooler, wine cooler, one bar well. Main Kitchen: 8 ft hood, stove with oven, griddle, 2 fryers, steam table, warming drawers, prep station, undercounter fridge, triple door fridge. Bakery Kitchen: double stacking Blodgett ovens, prep station, walk-in freezer, under counter refrigerator, 2-door refrigerator, espresso machine, floor mixer, robot coupe, mixer. Other Features: additional walk-in cooler, two storage rooms, 3 bathrooms, Micros POS system, sound system, security system. All furniture, small wares, dinnerware, glassware, pots, pans, shelving, and utensils are included.
Listed for $375,000 or best offer. This is an asset sale. POS sales will be provided. This restaurant can be purchased in conjunction with another location. For information on the other listing please contact us. If purchased separately, the name and menu will not be included.
Listed By: Teri Craft
Background information
Reference:
organicbrew
Year established:
2010
Reason selling:
Seller moved out of state
Finance
Sales:
$3,726,877
Operations
Employees:
Manager-run operation with 2 brewers and full staff
Equipment:
Equipment Include: Brewery: Brew House with 6 jacketed fermenters, 2 storage tanks, glycol system, walk-in cooler and keg elevator. Bar: 36 tap beer system, beverage cooler, wine cooler, one bar well. Main Kitchen: 8 ft hood, stove with oven, griddle, 2 fryers, steam table, warming drawers, prep station, undercounter fridge, triple door fridge. Bakery Kitchen: double stacking Blodgett ovens, prep station, walk-in freezer, under counter refrigerator, 2 door refrigerator, espresso machine, floor mixer, robot coupe, mixer. Other Features: additional walk-in cooler, two storage rooms, 3 bathrooms, Micros POS system, sound system, security system. All furniture, small wares, dinnerware, glassware, pots, pans, shelving, and utensils are included.
Inventory:
Available for an additional fee.
Premises
Facility:
This charming two-story building features open ceilings and exudes old-world charm. It accommodates 148 guests with both indoor and outdoor seating. The ground floor spans 2,886 sq. ft., the downstairs area covers 1,322 sq.ft., and the mezzanine seating area adds an additional 200 sq. ft. Plus office and storage rooms. With 2 walk-in coolers, one walk-in freezer.
Square footage:
4,408
Rent and lease terms:
The monthly base rent is $15,834.63, Cams are $2,914.26 and storage is $109.27 for a total of $18,858.16 per month.The lease expires October 31, 2025. Annual rent increases 3% each year. There is also percentage rent of 5% at a breakeven point of $3,500,000. The landlord will issue a longer lease for a qualified buyer.
Location:
Centrally located in a hip Los Angeles neighborhood.
Price and terms
Price:
$375,000
Financing:
Seller will entertain cash offers
Training:
Training is available