Fine Wine Business – Asset Sale with Real Estate
Business Description
We are pleased to present a rare opportunity to acquire a long-standing fine wine business accompanied by real estate and a full restaurant liquor license. Established in 2009, this destination has become a trusted favorite among collectors and casual enthusiasts alike, offering a well-rounded inventory of more than 22,000 bottles across 2,000–3,000 SKUs. The collection includes highly sought-after collectible wines alongside an excellent selection of everyday wines at approachable price points, appealing to a broad range of customers.
Housed in a historic 1892 building that underwent more than $1 million in renovations in 2011, the nearly 4,000 sq. ft. property features elegant architectural details and modernized infrastructure throughout. The facility includes a fully equipped commercial kitchen, flexible retail and event space, and a full liquor license with Sunday and 2 a.m. privileges—ideal for tastings, dining, or private events. The real estate value is supported by comparable local sales, including the former Key Bank building at Corbly and Beechmont, offering strong market relevance and long-term investment security.
The business has maintained steady annual revenues in the $230K–$300K range since the pandemic, with ownership focused on maintaining quality and reinvesting in operations. Significant upside remains for a new owner to expand by reintroducing wine tastings, adding a food service or chef partnership, and leveraging the space for events and private functions—all of which could substantially increase sales and engagement.
Importantly, the fully equipped commercial kitchen—currently underutilized—represents one of the greatest growth opportunities. A new owner could partner with a talented chef or culinary entrepreneur to establish dinner service several nights per week, generating increased foot traffic, boosting bottle sales, and driving additional carry-out purchases. Corkage fees may be charged for consumption on premise, creating additional revenue. Notably, there is virtually no dining establishment in town offering back vintages or older wines for guests to enjoy with a great meal—giving this business a powerful and truly unique competitive edge, especially for diners who have never had the opportunity to experience older wines. Hosting collaborative wine dinners with distributors, winemakers, or winery owners could attract new clientele, create buzz, and generate meaningful additional revenue. With the right manager reinstating tastings and educational events, the business is poised for increased traffic, stronger trendlines, and long-term growth potential.
KEY BUSINESS FEATURES
ESTABLISHED REPUTATION: In operation since 2009, supported by loyal clientele and strong community presence.
PRIME REAL ESTATE: Nearly 4,000 sq. ft. historic property with $1M+ in renovations; value supported by local comparable sales.
LIQUOR LICENSE: Full restaurant license with Sunday and 2 a.m. privileges.
EXTENSIVE INVENTORY: Over 22,000 bottles across 3,000 SKUs, from collectible vintages to accessible, everyday wines.
EVENT & DINING POTENTIAL: Fully equipped commercial kitchen and dedicated space for tastings, events, and private functions.
CONSISTENT REVENUE: Historical sales between $230K–$300K annually with clear opportunities for expansion.
GROWTH OPPORTUNITIES: Reintroduce tastings, partner with a chef or food concept, and expand event programming to enhance profitability.
STRONG GOODWILL: Respected name, longstanding relationships, and trusted reputation among wine lovers and the community.
Strong goodwill, an established clientele, and deep community roots make this an ideal opportunity for a passionate wine connoisseur or investor seeking a turnkey business with a rich history and outstanding potential.
The real estate associated with this business sale is represented by Coldwell Banker Realty, a licensed real estate brokerage in the state of Ohio. This advertisement is not generated by the real estate Brokerage
Housed in a historic 1892 building that underwent more than $1 million in renovations in 2011, the nearly 4,000 sq. ft. property features elegant architectural details and modernized infrastructure throughout. The facility includes a fully equipped commercial kitchen, flexible retail and event space, and a full liquor license with Sunday and 2 a.m. privileges—ideal for tastings, dining, or private events. The real estate value is supported by comparable local sales, including the former Key Bank building at Corbly and Beechmont, offering strong market relevance and long-term investment security.
The business has maintained steady annual revenues in the $230K–$300K range since the pandemic, with ownership focused on maintaining quality and reinvesting in operations. Significant upside remains for a new owner to expand by reintroducing wine tastings, adding a food service or chef partnership, and leveraging the space for events and private functions—all of which could substantially increase sales and engagement.
Importantly, the fully equipped commercial kitchen—currently underutilized—represents one of the greatest growth opportunities. A new owner could partner with a talented chef or culinary entrepreneur to establish dinner service several nights per week, generating increased foot traffic, boosting bottle sales, and driving additional carry-out purchases. Corkage fees may be charged for consumption on premise, creating additional revenue. Notably, there is virtually no dining establishment in town offering back vintages or older wines for guests to enjoy with a great meal—giving this business a powerful and truly unique competitive edge, especially for diners who have never had the opportunity to experience older wines. Hosting collaborative wine dinners with distributors, winemakers, or winery owners could attract new clientele, create buzz, and generate meaningful additional revenue. With the right manager reinstating tastings and educational events, the business is poised for increased traffic, stronger trendlines, and long-term growth potential.
KEY BUSINESS FEATURES
ESTABLISHED REPUTATION: In operation since 2009, supported by loyal clientele and strong community presence.
PRIME REAL ESTATE: Nearly 4,000 sq. ft. historic property with $1M+ in renovations; value supported by local comparable sales.
LIQUOR LICENSE: Full restaurant license with Sunday and 2 a.m. privileges.
EXTENSIVE INVENTORY: Over 22,000 bottles across 3,000 SKUs, from collectible vintages to accessible, everyday wines.
EVENT & DINING POTENTIAL: Fully equipped commercial kitchen and dedicated space for tastings, events, and private functions.
CONSISTENT REVENUE: Historical sales between $230K–$300K annually with clear opportunities for expansion.
GROWTH OPPORTUNITIES: Reintroduce tastings, partner with a chef or food concept, and expand event programming to enhance profitability.
STRONG GOODWILL: Respected name, longstanding relationships, and trusted reputation among wine lovers and the community.
Strong goodwill, an established clientele, and deep community roots make this an ideal opportunity for a passionate wine connoisseur or investor seeking a turnkey business with a rich history and outstanding potential.
The real estate associated with this business sale is represented by Coldwell Banker Realty, a licensed real estate brokerage in the state of Ohio. This advertisement is not generated by the real estate Brokerage
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2416460
- Listing Views
- 150
Listing ID: 2416460 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.



