Boutique Wine Shop In Old Town Arvada

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Asking Price:
$150,000

Gross Revenue:
$458,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Wonderful opportunity to own a high end, boutique wine shop in desirable Old Town Arvada. This quaint wine/beer/liquor shop has been in business for 17 years and has developed a faithful and reliable client base. Annual sales are consistently in the $450,000 range. The shop currently has $250,000 in inventory, which the owner would prefer to negotiate into the purchase of the business. The owner has 3 years left on a very favorable lease term and is open to facilitate discussions with the landlord to provide an extension. The owner has even obtained feasibility with the Landlord and City to divide the space to incorporate a small wine service bar or tasting room in the front of the store.

About the Business

Location:
Arvada, Colorado
Year Established:
2002
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
2,200
Rent:
$3,158.84 Per Month
Lease Expiration:
5/31/2022
Website:
www.primovino.net/
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner is willing to work with the Buyer for one month to help in the transition period.

Listing Info

ID:
1637147
Ad Detail Views:
0

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Business Listed by

Rob Spooner

High Rock Real Estate
License# 045960

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