Wine Bar Santa Ynez Valley

Solvang, CA (Santa Barbara County)

Wine Bar Santa Ynez Valley
Contact Seller

Asking Price: $190,000

Cash Flow: $80,386

Gross Revenue: $401,820

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Established: 2007

Wine Bar Santa Ynez Valley

Save Print Share Valuation Report

Business Description

Wine Enthusiasts: Own Your Own Dream Business!

In the Hottest New Wine Area– The Santa Ynez Valley Wine Country is now a wine tour destination from Europe, Asia, San Francisco and LA.

Loyal Wine Club membership of nearly 1,500 regular customers.

$16,000 in Inventory (fluctuates) & over $50,000 in Fine Furniture, Fixtures and Equipment

Expansion Ideas:
1) Utilize the licensed commercial kitchen space to expand the food menu beyond current cheese and charcuterie selections. Can add hood & grease trap. Requests for cheese and charcuterie to-go. Expand to-go business.
2) Install Beer Tap System
3) Take full advantage of the Type 52 (wine catering) permit and pour wines off site at events. In demand for weddings and private parties.
4) Extend hours (permit allows to pour until 11 pm)
5) Take advantage of new wine/sake based spirits to create a craft cocktail menu

Price: $190,000 + Inventory
Owner Net: $80, 386 (2017)
Gross Income: $401, 820 (2017)
Basic Kitchen. Can add Hood & grease trap!
Total Monthly Rent | $2,000—Only $1.40 sq. ft! Very very low for the prime location!
Square Footage| 1,400 + Patio
Patio| 150 (Rent Free)
Occupancy | 51
Parking | 2 Reserved & Street Parking
Lease Ends | June 30, 2023
Options | (1) 5 year Option
Lease Assumable | Yes
Reason For Selling | Retirement

Detailed Information

Employees:
3 part time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Sharon Hills

Business Listed By:
Sharon Hills

Santa Barbara Business Brokers

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


Ad#:1542626 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


Bonchon

Franchise Opportunity
Capital Required: $400,000