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Brewpub + Real Estate (retail Condo) In Desirable Location

Santa Cruz, California : Restaurants
Listing #2798

Brewpub + Real Estate (retail Condo) In Desirable Location RRC#: 2798 Asking Price: $1,550,000 Location: Santa Cruz County, Santa Cruz County, California Yearly Revenue: $645,000 Yearly Cash Flow: Contact For Info Monthly Rent: Contact For Info LISTING DESCRIPTION: This is an asset sale of business equipment and real property. The brewery and industrial deli/pub was built in 2007 as an industrial condo owned by the business owners. The business occupies 3,436 square feet of which 80% is brewery and 20% is deli/pub. The business is located in an industrial park with good access to freeways. See equipment list for details. The brewery is built with top quality equipment and has capacity to produce 2,500 barrels per year. The owner say he spend over $350,000 on the equipment and over $250,000 for the tenant improvements, which include professional process piping and electrical utilities as well as the tenant improvements. The business produced about 1,000 barrels in its vest year. The brewery has brand name that is well-known in its local market and has approximately 200 commercial customers in the local and regional markets. Beer is sold retail in the pub by the glass and for off premises in 22 oz bottles, 64 oz glass growlers, 20 liter kegs and 50 liter kegs. The owner is a brew master with formal training and impressive credentials. He has over 20 years of brewing experience and his beers have won many awards. The owner's love is brewing - he is an excellent brew master and prefers to spend his time making great beers. The business needs an owner so is a great marketer to develop the business and utilize its full capacity/. Opportunities exist to develop commercial accounts as well as to develop the industrial catering business. No financial performance is represented however, annual revenues typically range from $900,000 to $650,000. This is a sale of assets. The owner will consider employment as a brew master for the going rate, as he loves brewing and is excellent at brewing great beers. There is no covenant not to compete. NO BROKER COOP. GENERAL INFORMATION: Organization: LLC | Seating: 32 inside + 12 patio | Square Footage: 3,436 | Parking: Parking lot | Licenses Required: Business, ABC 23 Small Beer Manufacturing | Days Open/Hours: 7 days / Limited hours | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $645,000 |

Asking Price:

$1,550,000

Gross Income:

$645,000

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Brewpub + Real Estate (retail Condo) In Desirable Location

RRC#: 2798
Asking Price: $1,550,000
Location: Santa Cruz County, Santa Cruz County, California
Yearly Revenue: $645,000
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
This is an asset sale of business equipment and real property. The brewery and industrial deli/pub was built in 2007 as an industrial condo owned by the business owners. The business occupies 3,436 square feet of which 80% is brewery and 20% is deli/pub. The business is located in an industrial park with good access to freeways. See equipment list for details. The brewery is built with top quality equipment and has capacity to produce 2,500 barrels per year. The owner say he spend over $350,000 on the equipment and over $250,000 for the tenant improvements, which include professional process piping and electrical utilities as well as the tenant improvements. The business produced about 1,000 barrels in its vest year. The brewery has brand name that is well-known in its local market and has approximately 200 commercial customers in the local and regional markets. Beer is sold retail in the pub by the glass and for off premises in 22 oz bottles, 64 oz glass growlers, 20 liter kegs and 50 liter kegs. The owner is a brew master with formal training and impressive credentials. He has over 20 years of brewing experience and his beers have won many awards. The owner's love is brewing - he is an excellent brew master and prefers to spend his time making great beers. The business needs an owner so is a great marketer to develop the business and utilize its full capacity/. Opportunities exist to develop commercial accounts as well as to develop the industrial catering business. No financial performance is represented however, annual revenues typically range from $900,000 to $650,000. This is a sale of assets. The owner will consider employment as a brew master for the going rate, as he loves brewing and is excellent at brewing great beers. There is no covenant not to compete. NO BROKER COOP.

GENERAL INFORMATION:
Organization: LLC | Seating: 32 inside + 12 patio | Square Footage: 3,436 | Parking: Parking lot | Licenses Required: Business, ABC 23 Small Beer Manufacturing | Days Open/Hours: 7 days / Limited hours | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $645,000 |


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