Clue: Local rep may offer this pre-lunch drink (2-4)
Answer: AM-DRAM
Explanation: Definition: Local rep may offer this
The pre-lunch drink is a DRAM in the morning (A.M.). The definition seems a bit inaccurate: rep = repertory theatre is professional, though I suppose there are some theatres called "the Rep" that might put on amateur productions. The Dram if the currency of Armenia