Get your return on investment in roughly one year; with this profitable, specialty wine shop has operated since 2010. Enoteca Vino Nostro, Italian wine shop is priced to sell! Enoteca is a wonderful retail space and has a successful wine club E-commere progam in place.
Within their wonderfully designed store, there is an ADA bathroom and HVAC. The shop has a large inventory of rare, high-end Italian wines. 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!
- Current Owner2010
- Reason For SaleOther Interests
- Square Feet1,000
- ParkingMetered parking, storefront metered parking spaces coming soon
- LicensesType 20 or related ABC license
- Open HoursContact for Info
- RentLandlord seeking $3000 all inclusive (includes Water & Electric)
- ExpirationNew Lease Available
- Yearly IncreaseContact for Info
- OptionContact for Info
- DepositNew Lease Available
- Monthly Revenue$23,135
- Monthly Cash FlowContact for Info
- Annual Revenue$231,135
- Annual Cash FlowContact For Info
- PayrollContact for Info
- 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.