NOT DISCLOSED, California
| Asking Price |
$321,000 |
Year Established |
2024 |
|
| Annual Revenue |
$375,000 |
Reason for Selling |
The reason for selling is Seller would like to pursue other interests. |
|
| Annual P/L |
|
Attention |
Brett Sargent |
|
| Annual Cash Flow |
|
Listing Number |
987138 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This Northern California based Lounge Restaurant is a Californian Sub-Chapter S Corporation and was formed 1 year ago under the founding leadership. Open 5 days a week and located downtown in a vibrant fast growing Northern California city, this business thrives by providing beer, wine, and an amazing curtailed menu of soups, salads, starter, paninis and flatbreads. They offer live music once per week and are a kid and dog friendly environment. This location is BRAND NEW…only in operation for just under 1 year. They have a Type 41 ABC Liquor License with seating of 55 seats (maximum 75).
Property Features and Assets:
Market Competition and Expansion:
The U.S. wine market size was estimated at $81.33 Billion in 2023 and is expected to expand at a CAGR of 5.4% from 2024 to 2030. Wine sales have surged across the U.S. owing to innovation in its flavor, color, and packaging. Beyond the classic wines, niche markets and emerging wine regions are gaining prominence.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity