Boutique Wine Shop In Old Town Arvada

Arvada, CO (Jefferson County)

Perfect Spot For A Tasting Bar
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Asking Price: $150,000

Cash Flow: $50,000

Gross Revenue: $458,000

EBITDA: N/A

FF&E: N/A

Inventory: $250,000*

Rent: $3,158.84 /Month

Established: 2002

*not included in asking price.

Boutique Wine Shop In Old Town Arvada

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Business Description

Wonderful opportunity to own a high end, boutique wine shop in desirable Old Town Arvada. This quaint wine/beer/liquor shop has been in business for 17 years and has developed a faithful and reliable client base. Annual sales are consistently in the $450,000 range. The shop currently has $250,000 in inventory, which the owner would prefer to negotiate into the purchase of the business. The owner has 3 years left on a very favorable lease term and is open to facilitate discussions with the landlord to provide an extension. The owner has even obtained feasibility with the Landlord and City to divide the space to incorporate a small wine service bar or tasting room in the front of the store.

Detailed Information

Location:
Arvada, CO
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
5/31/2022
Employees:
1
Support & Training:
Owner is willing to work with the Buyer for one month to help in the transition period.
Reason for Selling:
Retirement
Business Website:
http://www.primovino.net/
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Rob Spooner

Business Listed By:
Rob Spooner

High Rock Real Estate

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