Wine Bar - Reduced to Sell Now!
Location: Oregon > Multnomah County > Portland
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $119,000
Gross Revenue: $143,500
Cash Flow: $49,500
Inventory: $31,500 (Included in Asking Price)
FF&E: $65,000 (Included in Asking Price)
Seller Financing: Yes
Business Summary
This retail store is more than a business ... it 's a life style. $4,000 a year in free wine which you can sell or use it personally. Free trips every other month to California wineries. Free yacht cruise once a year. Two extremely expensive dinners free twice a week. Less than 40 hours a week to work it. $4,000 in commissions for recommending wine tours. Plenty of room to expand. Someone with vision and creativity could definitely increase the sales. A kitchen could be added. A coffee bar could be added. Expanded hours and expanded days. Excellent opportunity for husband/wife team.
About the Business
Year Established: 2006
Employees: 1 full time - 2 part time
Facilities: 3700 sq ft. 5 year lease, 3 five-year options. Shows well. Hardwood floors. Mini kitchen and room for expansion. Lotto could be added.
Market Outlook and Competition: Only wine bar in town that has exclusive wines and also has plenty of seating and food conducive for parties and social gatherings.
About the Sale
Management Training and Support: Yes
Reason For Selling: Health
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Listing Tools
BizQuest ID:921824
Seller ID:Wine Bar
Business Listed By
Name:Allen Cohen
Company:West Coast Business Brokers
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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.