This beautifully designed Wine Bar and retail store is located in a prime downtown Mill Valley location at a cost of $300,000. The business is like brand new as the business opened the end of 2018 and was only opened in 2019. The business has been closed during Covid and the 2019 sales were $365,115 and was open for limited hours. The store is zoned for a wine bar + retail store and meets all ADA standards. The store has large windows which open up to the street which gives it an open airy feeling, concrete floors and has a combination of tables and chairs, a wine bar with quartz counter top and 10 bar stools, banquette seating and extensive wine display per the photos included in this profile. With the ABC 42 license you can serve wine and beer and no food is required however you can serve food if desired. There are common area bathrooms in this shopping complex which are maintained by the landlord. Some of the equipment includes as follows: sound system, security system with 5 cameras, POS system with printers, Apple ipads for POS system, vintage view wine racks - 18 bottles high x 2 deep, 3 compartment sink, hand sink, under counter dishwasher, 4 - 5' long shelves each with 5 shelves, 5 employee lockers, slicer, air fryer, 1 compartment sink, flat screen TV, 3.5 cu ft. floor freezer, 1.3 cu ft. mini freezer and the following refrigeration: 2 -2 glass door under counter refrigerators, 1 door under counter refrigerator with 4 taps on top, and 2 door under counter refrigerator with sandwich station on top, etc. As part of the extensive remodel a new air conditioning system was installed. It is difficult to set up a new business such as this subject business in Mill Valley which enhances the value of this opportunity.

General Info

  • OrganizationLLC
  • Established2018
  • Current OwnerContact For Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating49
  • Square Feet880
  • ParkingStreet
  • LicensesABC Type 42 (Wine Bar)
  • Open HoursContact for Info

Lease

  • Rent$3,824
  • Expiration1/23/2023
  • Yearly Increase3%
  • Option5 years
  • DepositContact for Info

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact for Info
  • Annual Cash FlowContact for Info
  • Payroll$Contact for Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact 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.

Location