Established downtown wine bar and wine retail business for sale

Flagstaff, AZ (Coconino County) (Relocatable)

Main
Contact Seller

Asking Price: $110,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Rent: $3,120 /Month

Established: 2010

Established downtown wine bar and wine retail business for sale

Save Print Share Valuation Report

Business Description

Vino Loco, independently owned and operated, has consistently been recognized as one of the city’s most popular wine bars and retailers in Flagstaff since the first wine bottle adorned its walls. Located on a hard corner just one block up from the heart of downtown Flagstaff and across the street from the Coconino County Superior Courthouse, Vino Loco Wine Bar and Shop offers sit down wine and beer in a casual and chic setting, or choose from the hundreds of wine bottles delicately stacked to go on the retail side. Business comes with a transferable Series 7 liquor license (valued at approximately $20,000), a strong wine club membership, and all FF&E's in a leased space that is in high demand for its open layout and high visibility location offering bar seating and stand alone tables, parking, all at a very competitive rental rate (average downtown Flagstaff retail locations are now in the $3.00-$3.50/sf/mo base rent range). Furnished exclusive exterior patio space is also included in the rent. This business is a 100% turn-key operation, as inventory is also included in the asking price. With wine knowledge or without, this business opportunity is as sweet as the grapes that go into every bottle!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
3/31/2019
Employees:
3
Competition:
Great potential for capturing more of the market share as the city continues to grow and other competitors in higher rent areas vacate. Great synergies within the building sharing common area facilities with a beer-only taproom and coffee bar.
Growth & Expansion:
Potential to add food service or other retail.
Support & Training:
Negotiable
Reason for Selling:
Other endeavors
Business Website:
http://www.vinolocoflag.com
Contact Seller

Contact the Seller

Contact Seller Loading

Darien D. Degher

Business Listed By:
Darien Degher

da Vinci Realty, LLC

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock

Demographic Information

Household Income:
Unlock
Population Age:
Unlock
Population Change:
Unlock
Population by Race/Ethnicity:
Unlock

Real Estate Insights

Monthly Lease Rate per SF:
Unlock
Sale Price per SF:
Unlock

Metro Area Scores

Walk Score:
Unlock
Transit Score:
Unlock


Ad#:1586720 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Jon Smith Subs

Franchise Opportunity
Capital Required: $300,000