High-end liquor Store & Restaurant

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Elegant liquor Store & bar/Restaurant in outstanding location
Asking Price:
$850,000

Gross Revenue:
$1,950,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
$800,000
included in asking price

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Business Description

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

Year Established:
2009
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
5,100
Lease Rate/Sq. Ft./Mo.:
$5,100.00
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Personal reasons
Training/Support:
The Seller will train the new owner for a smooth transition.
Highly trained team.
Seller Financing:
seller financing available to qualify buyer

Listing Info

ID:
1559745
Ad Detail Views:
375

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$
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Business Listed by

Raquel Afriat

VR Business Brokers
License# 3310893

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