This article has been updated regarding the asking price.

LAKEPORT, Calif. — Nearly nine years after they opened their popular brewery and restaurant, two Lake County brothers say they have decided to put the business up for sale.

Alex and Tim O’Meara opened O'Meara Bros. Brewing Co. at 901 Bevins St. in Lakeport in December 2014, after three years of developing the business.

The restaurant has been a popular eatery since its opening, with the brothers running one of only two local breweries, which came from Tim O'Meara’s years of homebrewing.

However, the brothers said they have decided to sell the business because they want to spend more time with family.

They said their goal is to find a buyer for their turn-key restaurant and beer manufacturing facility.

The brothers would prefer to find a local entrepreneur interested in picking up where they leave off in the hopes of keeping the ownership in the community.

They also want to help foster a smooth transition for new management – helping in any way they can to ensure the business carries forward without delay.

In their announcement, the O’Meara’s did not state the asking price for the business located in the 4,400-square-foot restaurant, bar and brewery facility, which also hosts live music and entertainment.

An online listing with Santa Rosa Business and Commercial, the company who is selling the business for the O’Mearas, showed an asking price of $1.9 million for the property and business.

However, the O’Meara’s said Sunday that the actual asking price is $349,000 and does not include the property, which they do not own. They said the total asking amount in the online listing that bundled the property and business is incorrect.

Tim O’Meara said the listing incorrectly shows sales revenue as ranging between $250,000 and $500,000, with net profit of between $50,000 and $100,000. He said revenue is consistently over $1 million annually.

The O’Mearas said they are asking their friends and neighbors in Lake County to keep their ears open for a business-minded and service-oriented person to take over, someone who would continue the tradition of great food, great beer and great service at this location.

Those interested in purchasing the business may call Santa Rosa Business and Commercial at 707-526-1050 for further details.

Email Elizabeth Larson at This email address is being protected from spambots. You need JavaScript enabled to view it.. Follow her on Twitter, @ERLarson, or Lake County News, @LakeCoNews.