Wine and Tapas Bar in Phoenix

PHOENIX, Arizona

Asking Price $350,000 Year Established
Annual Revenue $590,000 Reason for Selling Relocating  
Annual P/L Attention Erin Schulthies
Annual Cash Flow $180,000 Listing Number 980122  
# of Employees 7 Business Category Food & Beverage: Bars, Clubs, Nightspots

Business Overview:

Well-Loved Wine and Tapas Bar in Phoenix featuring a unique chef-created, seasonal menu and curated wines. Business has a great mix of commercial and residential nearby making it an ideal spot for happy hour, dinner and drinks, or a night cap. Business has multiple revenue streams that set it apart from other wine-bar concepts and is poised for growth! Seller is active in the business 20-30 hours/week acting mainly as a floater and back-end business operator (inventory, scheduling, payroll etc). This business has dozens of glowing reviews and sports a 4.9 star rating on Google.

Property Features and Assets:

<p>1,600 square feet</p><p>Rent $3,500</p><p>Lease expires: 12/31/2025</p><p>Special Licenses Required: Liquor License, Health Dept.</p>

Market Competition and Expansion:

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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