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Fantastic Wine Bar & Restaurant

Albany, CA (Alameda County)

Fantastic Wine Bar & Restaurant
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Asking Price: $325,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $90,000

Inventory: N/A

Rent: $4,041 /Month

Established: 1981

Fantastic Wine Bar & Restaurant

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Business Description

Fantastic Location on Solano Avenue for this Restaurant and Wine Bar

Tremendous location on Solano Avenue, Albany. Britt-Marie’s Wine Bar & Restaurant took its namesake (1981) from Chef Britt-Marie Pazdirek. Originally "The Bacchanal" (1972-1982) the wine bar was established as a place "by and for women." When Britt-Marie took over the space, she created a menu that featured her native Scandinavian dishes as well as Eastern European cuisine. In 1990 Chef Arthur Morfidis added Mediterranean dishes to the Britt-Marie's menu with family recipes from his motherland of Greece. The dining experience is 'continental' in theme with a rotating weekly wine list which features five white and five red by the glass or bottle. The wine selection (for both white and red) features two California, two European and one Southern hemisphere. Britt-Marie's intimate ambiance is warm and casual as they continue a cultural legacy on Solano Avenue with great food & wine, a variety of special events and local social fundraisers. The purchase will include the Type 41 ABC License plus all of the FF&E. Although the dishwasher in the kitchen and the POS are leased. Seats for approximately 65 patrons.

The location is on the venerable Solano Avenue which has a great amount of new and popular restaurants, plus night life to go along with a trendy new set of demographics. As people are pushed out of the San Francisco and Berkeley areas they are arriving in Albany and making it a new home for higher income residents.

Detailed Information

Location:
Albany, CA
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
2/28/2027
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All FF&E except for a leased dishwasher and leased POS system. The space was recently upgraded.
Support & Training:
Seller will train.
Reason for Selling:
Dissolution of partnership
Business Website:
http://brittmariesolano.com
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Richard Krinks

Business Listed By:
Richard Alan Krinks

Berkshire Hathaway

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