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UPSCALE Wine & Beer Store with the bar and lounge

North Potomac, MD (Montgomery County)

UPSCALE Wine & Beer Store with the bar and lounge
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Asking Price: $375,000

Cash Flow: $100,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Rent: $8,257 /Month

Established: 2010

*not included in asking price.

UPSCALE Wine & Beer Store with the bar and lounge

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Business Description

This Wine & Beer Store/Bar is located in one of the most reputable neighborhoods in Montgomery County, with lots of pedestrian and motorist traffic. Business has stable regular clientele. The compact, efficient operation features an attractive and stylish interior that includes lounge zone, bar sitting, wine display racks and temp controlled wine & beer coolers visible to the customers. The rear prep and service counter area features a food prep area, open top prep table, refrigeration, 3- compartment sink, and storage.

Detailed Information

Location:
North Potomac, MD
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
11/1/2030
Employees:
5
Facilities:
Year Established: 2010 | Seating: 70 inside, 36 outside | Square Footage: 2300 | Parking: Shopping Center | Assets included into price
Competition:
Main competitors are gone from the market summer 2019. All information is public and official (can be verified). The Store is becoming the main Wine Store in the area.
Growth & Expansion:
Currently no food served. Adding food (simple meat/cheese platters, deli) will significantly increase revenue and customers flow.
Support & Training:
2 weeks
Reason for Selling:
Excessive commitment for the owner
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Business Listed By:
Not Disclosed

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