Pairings is an award winning wine bar and restaurant. The opportunity is presented as a turn key-operation with a very desirable downtown location. This busy urban wine bar is generating strong sales of over $1 million last year. 1,800 sq ft seats 90 people inside and 300 sq ft in the front patio. If you love wine and food then this is a great investment and a fun business to operate. Partial list of Equipment included,12 Ft type one hood with updated fire suppression system, large refrigerator and freezer, 2 fryers, flat-top grill, 4 burner stove w/oven, pizza oven, confection oven, espresso machine, multiple under-counter refrigerators with prep, dishwasher and 3 compartment sink area. There are also 2 ADA restrooms, office and storeroom. Included in this deal is a long term favorable lease, leasehold improvements totaling over $225,000, fixtures and equipment, type 41 ABC liquor license, name, menu, concept and goodwill are all included as part of the sale. Wine inventory will be sold at cost during close of escrow. Complete the 'Non Disclosure Agreement' on our website and we'll send you the full financial information, copy of the lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail and arrange a behind the scenes tour. No Co-Broker

General Info

  • OrganizationContact For Info
  • Established2015
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet1800 inside 300 outside
  • ParkingContact For Info
  • LicensesHealth, ABC, Business
  • Open Hours7 days

Lease

  • RentContact For Info
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionYes
  • DepositContact For Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$971,601
  • Annual Cash Flow$178,000
  • Payroll$Contact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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