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Absentee-Run Gastropub with Type 47 License
Premier Coastal High-Volume Craft Beer Hub & Restaurant in LA
Business Description
This craft beer gastropub is known for its rotating selection of over 100 craft beers, award-winning cocktails, extensive wine list, friendly, hard-working staff, and competitive prices. This gastropub is a favorite hub for Happy Hour, weekend gatherings, families, and community events.
Investment highlights include:
- Operational Autonomy: The business is designed for absentee or semi-absentee ownership. A seasoned management team handles nearly all day-to-day operations.
- Valuable Licensing: Includes a rare Type 47 (Full Liquor) and Type 58 (Catering) ABC license, allowing for on-site spirits and off-site alcohol catering.
- Strategic Real Estate: Located in a 3,337 sq. ft. facility within a high-traffic retail plaza. It is situated just half a mile from Huntington City Beach and major resorts, capturing both loyal locals and high-volume tourist traffic.
In addition to a great, family-friendly vibe, they are well known for a scratch kitchen, which consistently pleases customers with delicious pizzas, burgers, sandwiches, salads, and share plates. A fledgling catering service offers significant growth opportunities through customized food and alcohol catering options. Additional marketing can boost the established lunch market and food and alcohol delivery services.
The business boasts a dedicated, repeat customer base drawn from affluent middle- to upper-class households. This diverse following, spanning young professionals, families, and retirees, is anchored by the restaurant’s reputation as a welcoming, high-quality community hub.
Some opportunities for growth include:
- Expansion: The concept is highly replicable and poised for expansion into additional Southern California locations or out-of-state markets.
- Catering: Leveraging the Type 58 license and existing portable bars to capture more off-site events and weddings.
- Alcohol Delivery: Utilizing the existing Toast/Uber Eats infrastructure to launch a delivery service for alcoholic beverages.
NEXT STEPS: If you’re interested in this business, please fill out the contact form, and we will email you an NDA to e-sign. Please look for an email with the subject “Absentee-Run Gastropub with Type 47 License MCD-201”. You can access more information on this business after e-signing our NDA.
Detailed Business Information
Financial Information
| Asking Price: | $590,000 (+ ABC Type 47 & 58 licenses and Inventory) |
| Gross Revenue: | $ 1,557,382 |
| Cash Flow: | $ 202,645 |
| Seller Financing: | Negotiable |
| Inventory: | $ 23,000 |
| Inventory Included in price: | No |
Business Information
| Location: | Southern California |
| Real Estate: | Leased |
| Relocatable: | No |
| Employees: | 6 FT / 10+ PT |
| Year Established: | 2019 |
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