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Reduced Price Asset Sale Wine Bar and Kitchen i

Rolling Hills Estates, CA (Los Angeles County)

Wine Bar
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Asking Price: $50,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000*

Rent: $6,850 /Month

Established: 2018

*not included in asking price.

Reduced Price Asset Sale Wine Bar and Kitchen i

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Business Description

This is a beautiful new business built out in 2018. The Seller did not realize the amount of time it would entail to have a high end food establishment. It is growing every month and the hours are fantastic. 5:00 to 9:00 Tuesday - Thursday and 5:00 to 10:00 on the weekends. The setting is a Wine Bar with a great Kitchen and all quality furniture and fixtures. It is in the Beach Area of Rancho Palos Verdes, so the clientele is both high end and they appreciate great service and outstanding Wines. Their menu features local, sustainable produce and seafood with an abundant selection of small plates, shareable dishes and entrees. They are 5 star rated on Yelp. This is an opportunity for a Buyer that does not want to reinvent the wheel. Everything is set in place and the reputation of the business is outstanding.
Rolling Hills Estates is in and near very affluent neighborhoods (Palos Verdes Estates, Rancho Palos Verdes and the guard gated community of Rolling Hills.
Happy Hour would be the best time to visit this business, as they offer a pretty awesome deal on wines by the glass, local beers and eclectic and inexpensive food dishes. There is a private room (which can be combined with the patio or not) is great for private events. The restaurant was remodeled in August of 2018

Attached Documents


Detailed Information

Location:
Rolling Hills Estates, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,292
Lease Expiration:
11/22/2020
Employees:
2ft 2 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful area at the Palos Verde Peninsula Area. Located in a high end shopping are with plenty of parking.
Competition:
This is one of a kind in the area. Well thought out theme and the wines and food is exceptional.
Growth & Expansion:
The business is growing every month. Very little advertising, just word of mouth has made this an in-spot with the business crowd and couples who want a quiet place to relax after work. 5 stars on Yelp.
Financing:
Asset Sale
Support & Training:
Seller offer 2 weeks of training by the Management Team.
Reason for Selling:
Seller Investor is Retiring
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Business Location


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Suzie Sales

Business Listed By:
Suzie Sales

UBI Business Brokers

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