Wine Lounge/restaurant – Growing Profits

Los Angeles, CA (Los Angeles County)

Wine Lounge/restaurant – Growing Profits

Asking Price:$250,000

Cash Flow:$216,000

Gross Revenue:$504,000





Wine Lounge/restaurant – Growing Profits

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Business Description

Wine Lounge/restaurant – Growing Profits, One Of A Kind In Antelope Valley

RRC#: 2164
Asking Price: $250,000
Location: Antelope Valley, Antelope Valley, California
Yearly Revenue: $504,000
Yearly Cash Flow: $216,000
Monthly Rent: $2,400

Increasingly popular establishment with growing profits. Located on a major shopping boulevard across from cinemas and a state-of-the-art performing arts center, this establishment offers an intimate lunch and dinner menu designed to pair well with their ion of over 100 wines and beers, both imported and domestic. As Antelope Valley's first wine lounge, this establishment features guest vintners, wine tasting classes, a wine club, live jazz and live music on Thursday, Friday and Saturdays from nights with a variety of local talent providing entertainment. Fireside balcony seating overlooks the boulevard is available for a truly lovely evening. This establishment is a social venue like no other in the Antelope Valley.

Organization: LLC | Year Established: 2012 | Current Owner: 2012 | Employees: 10 | Seating: 110 | Square Footage: 1,743 | Parking: Street/Public public | Licenses Required: Type 41 | Days Open/Hours: Tues-Thurs. 3P-10P, Fri-Sat. 12P-12a, Sun. 12P-8P | Reason For Sale: Other Interests |

Yearly Revenues: $504,000 | Yearly Cash Flow: $216,000 | Inventory: $30,000 |

Monthly Rent: $2,400 | Lease Expiration: 6/2016 | Lease Option: 5 year option | Security Deposit: 2,400 |


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Steven D . Zimmerman CBI, CBB

Business Listed By:
Steven D . Zimmerman CBI, CBB

Restaurant Realty Company

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