Profitable Wine bar and event space.

This offering is an unique urban winery and wine bar.  The business is very profitable and has a simply model that works well. There is significant growth potential, via expanding offerings, private events or wine production. The business functions largely as a wine bar that sells its own wine keeping COGS low. The current owner has moved on to other projects and spends less than 20 hours per week on the operation.

 Asking $350,000 – includes name, recipes, inventory, training and transition assistance.

Offering Highlights

  • Stable and Profitable
  • Very easy to operate
  • Pride of ownership
  • Growth potential
  • Charming and fun
  • Fantastic Neighborhood
  • Fully-equipped winery

Lease Rate

The facility is 3,714 square feet and the current lease rate is $4,095 NNN/month which comes to $13.23/SF.

The current lease term extends through October 1st, 2020.  New lease terms will be negotiated as part of the acquisition process.

Equipment

All equipment will be conveyed free of liens

Total Sales

2016

$529,291

2017

$539,808

2018

$535,048

Owner’s Cash Flow

2016

$269,087

2017

$120,948