This profitable, specialty wine shop has operated since 2010 within their wonderfully designed store, that includes an ADA bathroom and HVAC.  The owners online business has a great reputation both locally and as an e-commerce business.  They will offer extensive training to any incoming party.  This location and set up would work wonderfully as a wine bar or tasting room.  The store is located on the city's busiest thoroughfare, within a very large luxury apartment building.  The landlord is committed to offer a qualified tenant a strong below market lease. The store carries and sells wonderfully curated wines, but the majority of their sales is derived from their wine club members.  Their loyal member program is strong and accounts for the majority of their roughly $300,000 in sales in 2021, which equated to a nearly six figure net profit.     A new owner could vastly expand the product lines within the store as there is plenty of extra space. Additionally, an operator could expand in-store and member program sales by adding in-store wine tasting and/or wine bar with the appropriate license.  They currently have a Type 20 license. Escape the staffing issues and grind of a full-service restaurant, as this store is easily run with low overhead and little to no labor.     Raise your wine glass at this opportunity and reach out now to learn more!

General Info

  • OrganizationInc
  • Established2010
  • Current Owner2010
  • Employees1
  • Reason For SaleOther Interests

Facilities

  • SeatingN/A
  • Square Feet1,000
  • ParkingMetered parking, store front metered parking spaces coming soon
  • LicensesType 20 or related ABC license
  • Open HoursContact for Info

Lease

  • RentLandlord seeking $3,000 all inclusive (includes Water & Electric)
  • ExpirationNew Lease Available
  • Yearly IncreaseContact for Info
  • OptionNew Lease Available
  • DepositNew Lease Available

Financials

  • Monthly Revenue$23,135
  • Monthly Cash FlowContact for Info
  • Annual Revenue$231,135
  • Annual Cash FlowContact For Info
  • Payroll$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.

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