Asking Price: $850,000 Gross Revenue: $1,950,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $60,000 not included in asking priceFF&E: $800,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Fantastic opportunity for investor/operator to buy this combo boutique liquor store & modern American/South american Restaurant with Mixology bar located in the heart of the financial district.
Since 2009, the wine-spirits and cigar boutique is well-known and respected for its exclusive service, top quality liquors and wines, select brands and labels. They buy from key suppliers and highly rated and unique small producers. The store also provides more than 600 deliveries a month.
Beautifully built-out by a famous european architect,clean and classy, the restaurant and bar adjacent to the liquor store provides a great experience for relaxing moments after work, intimate dining and largest party entertainments, corporate events, wine or champagne tasting events.
Opened in may 2017, this State-of-the-art fully-equipped kitchen and restaurant has been completely updated with an elegant decor.
The Carefully curated menu features a wide variety of small plates and a distinctly local craft cocktail menu with signature drinks.
The Sunday brunch is famous among the local clientele.
The bar menu takes inspiration from the liquor store utilizing unique spirits, rare liquors and only the freshest ingredients.
Lots of room for growth with food sales, events, and deliveries.
Truly a must see !
This Business qualifies perfectly for buyers looking to get an E2 visa.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
The store is adjacent to the restaurant and bar + Outside seating. Rent for the liquor store is 9,282.51 + 1,603.07 for 2,900 sf Rent for the restaurant is 13,138.23 + 2,104,62 for 2,200 sf Huge amount spent in leasehold improvements. The restaurant serves dinners on weekdays and Saturday evening, and Brunch on Sundays. The store opens everyday from 10am or 12pm to 11pm or 1am. The classic British cigar room inspired the ambiance with light-wood tables contrasting dark walls and floors, bookshelves, cherry woodwork, plush velvet armchairs, vintage carpets and crystal ambient lighting. The front patio with brick pavers is elevated. The 60 seats restaurant is designed by a very famous architect who develops unique spaces all across Europe and the United States. Valet parking and parking lot next door.
This is a new business model. Well known and respected store in the local area for quality, exclusivity and service. The Business offers a wide range of Esoteric and unique wines from family owned vineyards. The bar menu is composed by their own syrups, mixes and blends and the restaurants offer exclusive meals from North and South America.
Database of 11, 000 repeated customers emails, 9, 000 followers on Facebook and 4, 000 followers on Instagram.
Growth & Expansion:
Tremendous expansion of the area, high-end loyal customers looking for the best service and entertainment. High margins and fantastic location near major banks, hotels, attractions and large residential neighborhoods.
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 & Conditions.