Unique Wine Bar in Cherry Creek North, Denver

Denver, CO (Denver County)

Unique Wine Bar in Cherry Creek North, Denver

Asking Price:$265,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2011

Unique Wine Bar in Cherry Creek North, Denver

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Business Description

One of a kind "tasting" and Wine Bar

PRICE REDUCED TO $265,00. OWNER HIGHLY MOTIVATED AS IS RELOCATING TO CABO TO OPEN A NEW BUSINESS. Right on a corner near the center of this 16 block area with more than 320 upscale galleries, boutiques, restaurants, salons/spas – and home to hotels, class A office buildings. Easily managed and with short hours. Atmosphere includes the projection of art films and contemporary design interiors. The unique concept with Enomatic Wine System allows offerings of 68 wines in 1 ½ oz., 3 oz., and 6 oz., amounts – and with 32% of sales from a comprehensive menu of “small plates”. Adding to the value is a below market lease which can be extended through 2022, $238K in equipment and $284K in leasehold improvements all new in 2011. Sales of $539,582 and Seller’s Discretionary Earnings of $102,776 in 2015. Only wine bar in Cherry Creek North, but could be converted to your concept. Confidential – Do not discuss in the facility.

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Detailed Information

Employees:
6

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Paul Cascio

Business Listed By:
Paul Cascio

Hospitality Industry Brokerage, LLC

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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