Iconic Entertainment Wine Bar in Downtown Braselton!
Business Description
Incredible Opportunity to Own a Highly Profitable Business Leader
ONE-OF-A-KIND, UNIQUE ENTERTAINMENT BUSINESS!! LOCATED IN THE HEART OF EXPLOSIVE “DOWNTOWN BRASELTON,” a very popular day & night entertainment hub to the city, operates “Cork It Braselton,” a curated, custom designed Wine Bar & Charcuterie. This is a standalone building location with huge outdoor pavilion- great location! No franchise fees, this private-label business has two other sister locations sold separately: “Cork It Gainesville” and “Cork It Buford,” also located in their respective downtown hubs. And was masterly created by a former successful corporate CEO- whom is now seeking retirement- and selling… Cork It Braselton is going on its 4th yr. Here are it’s financials: Approximately $38,000 to $55,000 in monthly sales (has a FT manager in place- so owner is “absentee”); approx $8,000 monthly EBITDA; several part time employees; rent only $2,100 incl CAM with assumable lease for 1,100 sq ft of space plus 1,100 additional space in an entertainment outdoor pavilion; serves full liquor and wine + beer + heavy appetizers/ charcuterie from a mini kitchen. Yes, this is a lean, profitable, masterly-crafted business- with remarkable upside- can quickly do double the monthly sales volume with an ambitious new operator willing to put the effort and time into marketing and cultivating what is already there in place! Plus this is an DREAM EVENT LOCATION! And that can bring in large sums of revenue… Owner will thoroughly train a new buyer/operator for a smooth handoff. This is an asset sale, and includes everything- generously including all wine & beer stock inventory valued at many thousands of dollars. So besides getting your licenses in place, this is most literally a turn-key purchase… Location is: 36 Frances St | Braselton, GA | 30517. Website: www.CorkItBraselton.com and days/hours of operation are posted on Google under “Cork It Braselton.” This top quality enterprise boasts 99+ 4.8 Google reviews. It is the real deal… Being private label means you have the freedom to expand your operations without restrictions or fees a franchise requires. No debt, business is 100% paid off. Question: Why work for someone else? You can literally purchase this business Monday- and be up and running Tuesday, providing a sustainable, recession-free operation that can yield a high income to last a lifetime. The opulent finish-grade, and quality build of this establishment is above average- it has a very upscale and elegant “vibe” that will make you appreciate it’s value and upside potential. BEFORE CALLING OUR OFFICE, plz first complete the Contact Form; we will email back to you a "Buyer Info Packet" to review- thereafter you may follow up with a call with questions... Cash only sale- no business loan buyers please (HELOCS- home equity loan buyers are OK). Confidential appt w/ business broker ONLY please for a personal tour of business (do not contact staff). Ask for Mike at Atlanta’s #1 business brokerage firm- which has been family run & serving local business owners & buyers for 33 years… Visit our website for all contact info. Thank you.
About the Business
- Years in Operation
- 5
- Employees
- 4 (1 Full-time, 3 Part-time)
Employees are on a rotation schedule - Facilities & Assets
- Assets convey, including most all inventory!
- Website
- http://www.CorkItBraselton.com
- Market Outlook / Competition
- This is a very unique business concept that has no competition. It is an entertainment leader in downtown Braselton and draws patrons from all over N. Atlanta.
- Opportunities for Growth
- For an ambitious new owner/ operator this business has capacity to double or triple sales.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 21 days training; or as negotiated.
- Financing Options
- No seller financing... Options: home equity loan; savings; retirement; cash; personal
Listing Info
- ID
- 2510552
- Listing Views
Listing ID: 2510552 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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