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Downtown Austin Wine Bar with posh $1M build out and 10 year lease discounted at 38%, $1M Sales, $450K OBO.

Popular S Austin night spot is becoming a favorite for both trendy locals and celebrities. After an initial failed concept featuring high end chefs, menu items, and a grocery/market, the original $M space was gutted to add a wine bar with 100s of wine & beer selections in 2008. Features over $1M in assets-including nearly $40,000 in inventory, very low lease rates, locked in for the next 10 years at a 38% discount to its neighbors. Owner has not had time to adequately manage the business. As a result, labor costs have swelled to over 60% or revenue. Excellent opportunity for new or existing concepts.Seller is selling to focus on her other multi $M dollar businesses.

Douglas Batts

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Aug 9, 2017

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