Successful Wine Bar

Downers Grove, IL (DuPage County)

Seller Financing Available
Successful Wine Bar
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Asking Price: $79,500

Cash Flow: $50,000

Gross Revenue: $290,000

EBITDA: N/A

FF&E: $40,000

Inventory: $9,000*

Rent: $1,625 /Month

Established: 2013

*not included in asking price.

Successful Wine Bar

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Business Description

2 Wine Clubs

This is an established wine bar that serves wine lovers from all around the area. It currently has two wine clubs, one is monthly and the second is quarterly for higher end wines. The bar serves wine by the glass or the bottle and offers a nice selection of beers and light appetizers. The bar is used to host private and corporate parties as well as many events like wine and painting parties.

Detailed Information

Location:
Downers Grove, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/31/2019
Employees:
2pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This bar has a great feel, very similar to visiting a vineyard tasting room. Great accents, custom designed granite counters, bar high chairs, a modern vibe.
Competition:
There are no other wine shops near bye and has a strong wine club membership.
Growth & Expansion:
This business can expand by being open more than 5 days a week as well as do marketing to grow the wine clubs.
Financing:
Pending credit check and down payment.
Support & Training:
80+ hours of training are included.
Reason for Selling:
Owner wants to spend time with family.
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Contact the Seller

(from currently available funds)
 
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Mr. Tracy A. Burnidge

Business Listed By:
Mr. Tracy A Burnidge

Turnkey Business Brokers, Inc.

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