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- RE: Wine Bar
- Contact: Stephen Holzberg
- License #: 00701006
Quick Facts
| Asking Price: | $225,000 | |
| Annual Revenue: | $570,000 | |
| Net Profit: | $75,000 | |
| Cash Flow: | $75,000 | |
| Total Debt: | $110,000 | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 8 | |
| BBN Listing #: | 981340 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
A terrific wine bar. A neighborhood favorite for over 30 years with many loyal customers. ABC licenses included, #20, #42 & #58.
No cooking but serving small bites, cheese plates, flat breads & Salads, but you can expand the menu easily. Open only 5 night/week. Help run with 8 employees. If family operated, you can make big money here.
Lots of wines sold by the bottle. Bottle prices range from $29-$195 per bottle.
Rare opportunity to acquire a long term wine bar like this one.
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Property Features and Assets:
Approximately 1,000 square feet with both inside and outside patio seating.
Fully equipped with everything you need.
New lease available. Rent of $3,300/month, NNN included.
Bar is adjacent to many high-rise apartments & condos.
Market Competition and Expansion:
Limited competition for this style of bar.
Add catering, you have the license and watch your sales volume jump.
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
Relevant Links:
- View more California businesses for sale
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