Wine Bar & Shop with a cool vibe featuring wine, beer and tapas

Orange County, CA

Wine Bar for Sale
Contact Seller

Asking Price: $275,000

Cash Flow: $110,135

Gross Revenue: $795,501

EBITDA: N/A

FF&E: N/A

Inventory: $41,000*

Lease Rate: N/A /SF

Established: N/A

*not included in asking price.

Wine Bar & Shop with a cool vibe featuring wine, beer and tapas

Save Print Share Valuation Report

Business Description

You can acquire this wine bar with a cool vibe that features unique wines from around the world and is located in retail center that has a vibrant community of art lovers, music, fashion and hip cuisine. The owner has been dedicated to sourcing wine from family vineyards and small artesian producers. This wine bar holds winery events that include wine-makers, vineyard owners and educators. In addition to wine, they serve craft beer (on tap and by the bottle), artisan cheese platters, flat bread and tapas. There is a unique “happy hour” and the wine tasting flights change regularly.
You will not find a better equipped, operated, and managed wine bar. Augmenting the wine bar is a retail section that has dedicated, repeat, customers. Bar customers often take bottles home that they discover while
tasting. Two additional revenue streams are the monthly wine club with over 160 members and the online shop integrated with Vivino, Wine-Searcher, and Google shopping.

This wine bar has a strong on-line presence and boasts a 4.5 rating on Google and 5.0 on Facebook. There are positive reviews and comments across numerous on-line platforms including Instagram, Yelp and Trip
Advisor. It also is an editors choice in local media.

Revenue: 2018 is trending toward strong growth.
Year Sales SDE
2017 $795,501 $110,135
2018 Annualized $838,380 $144,328
2018 Jan-Sept $628,793 $108,171

Due to confidentiality, particularly in the Orange County area, the Confidential Business Review (CBR) will only be provided to prospective buyers who are qualified and who have signed the non-disclosure agreement.

Support/Training: Seller will provide training to ensure a smooth transition.

Terms: Cash

Reason Selling: Owner is retiring.

Year Established: 2012

Employees: 11 Part-time

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
N/A
Facilities:
Located in a highly visible/traveled location in busy dining/shopping community with strong demographics. There is one year left on the lease so the landlord will offer a new 5-year lease. The space is 1,400 sq.ft. and rent is very reasonable.
Growth & Expansion:
The wine bar has an excellent reputation and very experienced and well-trained staff. There are hundreds of different wines as well as craft beers and a light food menu so a new buyer would be walking into a real turn-key business. The area is a growing gathering place for affluent professionals.
Support & Training:
Training provided
Reason for Selling:
Owner to retire
Contact Seller

Contact the Seller

Contact Seller Loading

Gregg Tobin

Business Listed By:
Gregg Tobin

Gateway Business Sales

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#:1529696 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