Established Wine Shop & Tasting Room in Downtown San Luis Obispo

Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$385,000

Inventory$30,000
Included in asking price
FF&E$15,000
Included in asking price
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Established Wine Shop & Tasting Room in Downtown San Luis Obispo


Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$385,000

Inventory$30,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
One-of-a-kind opportunity to own and operate your own wine business in beautiful downtown San Luis Obispo. This established wine shop has loyal following amongst the locals and tourists. The location is hard to beat - located the city's historic core, with abundant foot traffic. This recently remodeled business has lots of growth potential.
About the Business
Years in Operation
28
Employees
3 (1 Full-time, 2 Part-time)
Facilities & Assets
Beautiful wine shop and a wine bar / tasting room, located in downtown San Luis Obispo.
The shop was fully renovated 3,5 years ago with all brand new electrical, ceiling replacement, and new build out of the tasting room with concrete counters (total upgrades of 65K).

Existing wine club of 125 club members that generates 50K per year in automatic income. Big database of current and past customers in place. Yearly sales range between 350k and 420k.

Landlord is easy to work with. The new owner will have to sign their own lease and will have a chance to negotiate terms (will be similar to current rent price).
Website
https://www.ccwines.com
Market Outlook / Competition
Located halfway between Los Angeles and San Francisco, the shop is a common stop for travelers. There is no other store that specializes in local wines in town. The area is known for wine tourism which is a plus for our store. Cal Poly also brings business as a cultural center for viticulture.
Opportunities for Growth
Opportunity to expand wine club and online sales, as well as general merchandise.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$5,100.00 per month
About the Sale
Seller Motivation
Relocation to another state
Transition Support
14 days on-site training during transition (if necessary)
Listing Info
ID
2494567
Listing Views
Business Location

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Business Listed by: Miya Luce

Listing ID: 2494567 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. See our full Terms of Use. Learn how to avoid scams.


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