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Trendy Wine Bar and Market

| Asking Price: | $500,000 | Inventory: | $39,341 ++ |
| Gross Revenue: | $554,555 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $268,362 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Popular S. Austin night spot is becoming a favorite for both trendy locals and celebrities. After an initial failed concept featuring high end chefs, menu items, and a grocery/market. Original Million dollar space was gutted to add a wine bar with 100's of wine & beer selections in 2008. Features over $1M in assets, very low lease rates, locked in for the next 10 years at a 38% discount to neighbors. Excellent for new or existing concepts. Seller is selling to focus on other multi $M business.
About the Business
Year Established:2008
Employees:22 full time -
About the Sale
Management Training and Support:Will train for 4 weeks at no cost
Reason For Selling:Focus on other business interests
Seller Financing:$250 k down/ $250k for 48 mths @ 6%
Sell Your Business | This listing has been viewed 40 times
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State: Texas
County: Travis Next Listing: Marble Slab Creamery Ice Cream Store – Austin Area
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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