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  • RE:  Wine Bar - New, $275K Build Out!
  • Contact:  Michael Floorman
  • License #: 1160661

Quick Facts

Asking Price: $75,000
Annual Revenue: $145,236
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: 5
BBN Listing #: 949240
Broker Reference #: 11422

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Business Overview:


Unique 0opportunity!Popular wine bar located in the heart of a bustling community.This beloved establishment, known for its exceptional selection of wines, craft beers, and gourmet tapas, offers an inviting atmosphere with both indoor and outdoor seating options.Live music Thursday through Saturday and a popular wine club that drives repeat business.With a strong customer base and solid event calendar, this business is primed for a savvy investor.$275K spent on the build-out in 2022.The seller is open to owner financing/participation.Seller reduced operating costs, increased social media advertising, and is attracting local crowds by hiring local musicians.June shows a profit!$28K Gross Sales $4K net income.

  11422

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Property Features and Assets:

The current lease will expire on 11/30/2024, Rent is $5,750, Square Feet 1,205

Hours Tuesday and Wednesday from 4 pm to 9 pm, Thursday through Saturday from 4 pm to 10 pm

Licenses:  ABC & Business

The amount shown as Annual Revenue is for 6 months ending 6/30/2024

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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