Fair Play AVA Wine Country Bistro & Wine Bar

El Dorado County, CA

Fair Play AVA Wine Country Bistro & Wine Bar

Asking Price:$95,000

Cash Flow:N/A

Gross Revenue:$409,000

EBITDA:N/A

FF&E:N/A

Inventory:$4,500*

Established:2003

*not included in asking price.

Fair Play AVA Wine Country Bistro & Wine Bar

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Business Description

Here is a great opportunity for a chef or a wine connoisseur to own a Bistro & Wine Bar in the foothills just a few miles from El Dorado Hills and Placerville.

This charming restaurant benefits from its central location and connections to the over 30+ wineries and vineyards in the area. The area has developed an excellent reputation with wine lovers and has become a popular place to go on wine tasting outings. The restaurant ranks high amongst locals’ favorite places to dine and also is popular with the wine tourists visiting the area each weekend.

The restaurant is well established in the community and has an excellent reputation based on the quality of its creative bistro style menu and its extensive wine list which features local varietals. The restaurant is also known as an excellent choice for Catering winery events and weddings in the area.

The 1500sf restaurant has a casually elegant interior with soft lighting and warm colors that create a comfortable environment that is appropriate for a casual dinner but nice enough for a special date night.
It has a full kitchen with Hood and Ansul, a large grease trap, plenty of refrigeration and all the equipment you need for high production during the busy tourist and catering season. The price includes an ABC Type 41 Beer & Wine license.

The restaurant has seating for approx 42. The buyer can negotiate a new lease which has been proposed, 5 years with one 5 year option. Total rent is approx $1500 per month!

2015 Gross was approx. $409k and the restaurant was profitable. Sales are split about 50% Food and 50% Beer & Wine and trending upward.

The owners have been very pleased with the success of their restaurant and its connection to the local community but they are nearing retirement age and some recent health difficulties have brought them to the decision to sell the restaurant. This is a great opportunity for a chef or couple that would like to own a business in an area with any easy pace of life.

This really is a versatile restaurant and the next owner is likely to continue the current concept, menu, and hours, but could also consider modifying the operations based on his or her experience. There is an opportunity to add full-service breakfast or brunch on the weekends. Another area to possibly grow the business is there is space behind the restaurant that could be developed into an event venue for weddings and parties.

This is a confidential listing so you must complete a Confidentiality Agreement/NDA form for us in order to learn the name and address and to request further details.

We look forward to talking with you about this exciting opportunity!

Detailed Information

Inventory:
Not included in asking price
Employees:
9PT
Facilities:
1500sf restaurant with seating for approx. 42. The buyer can negotiate a new lease which has been proposed, 5 years with one 5 year option. Total rent is approx $1500 per month!
Competition:
Unique location with excellent tourist traffic.
Growth & Expansion:
Most obvious growth area is to increase catering to the local wineries which has been decreased in the last year due to the owners health issues. There is also an opportunity to add full-service breakfast or brunch on the weekends. Another area to possibly grow the business is there is space behind the restaurant that could be developed into an event venue for weddings and parties.
Support & Training:
2 weeks @ 40 hours. Additional training can be contracted after sale as needed.
Reason for Selling:
Recent Health problem brings retirement

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Tricia Bernhardt

Business Listed By:
Tricia Bernhardt

Restaurant eXchange

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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