Refined Wine Bar & Bistro | Newly Established | Growth Potential

Asking Price$311,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Curated wine selection
Outside of Lula - New Building
Under the Timbers at Lula
Inside Lula
Busy night at Lula with Live Music
Inside Lula
Curated wine selection
Outside of Lula - New Building
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Refined Wine Bar & Bistro | Newly Established | Growth Potential


Asking Price$311,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Lula Wine Bar & Bistro, established in January 2025, is a refined downtown Driggs gathering space offering a thoughtfully curated wine list, bistro-style menu, and elevated atmosphere. Designed with intentional flow and high-end finishes, Lula occupies a newly built, modern, 1,200 sq. ft. space within a larger multi-tenant building. The wine bar has a maximum occupancy of 49 indoors, with current seating for 38 inside plus 24 on the outdoor timber-frame pergola patio, making it the most modern and welcoming wine-focused venue in Teton Valley.

This turnkey business comes fully equipped with FF&E, recipes, POS and staff management systems, vendor accounts, and an organized digital infrastructure (website, social media, Google Drive). Lula already supports multiple revenue streams, including wine sales, food service, private gatherings, community events, and a growing wine club. With excellent 5-star reviews and strong online visibility (first-page Google ranking for restaurants, wine bars, and event spaces in Driggs), it has built a loyal local following while attracting visitors to the valley.

With limited competition, a prime location, and a polished brand presence, Lula is uniquely positioned for expansion through private events, retail wine sales, and wine club memberships. Driggs’ continued growth, fueled by the planned Targhee Resort expansion, downtown development, and steady relocation to Teton Valley, further supports long-term demand.

The owners have poured immense care into building Lula and are now ready to transition the business to new hands. This sale reflects the initial investment in construction and startup, along with recognition of the sweat equity poured into creating a strong foundation. The hard work is done, the systems are in place, and Lula is ready for new ownership to step in and take it to the next level.
About the Business
Years in Operation
0
Employees
8 (5 Part-time, 3 Contractors)
Facilities & Assets
Located in downtown Driggs, Lula occupies approximately 1,200 sq. ft. in a brand-new 2025 building, featuring high-end finishes and a modern, refined design.

FF&E: All furnishings, fixtures, and equipment, along with recipes, POS system, and staff management software.

Operational Assets: Vendor accounts, website, social media platforms, marketing templates, wine club framework, and fully organized Google Drive files.

Lease: Transfer with landlord consent, or option to secure a new lease in the new building.
Website
https://www.lulawinebar.com/
Market Outlook / Competition
Lula is located in a prime downtown Driggs location with ample parking. The only other wine bar/bottle shop is smaller and offers a different vibe. Most competition comes from restaurants like Forage, yet none provide a comparable wine-focused experience.

Lula offers the most extensive and thoughtfully curated wine list in town, paired with an elevated buildout and atmosphere that make it the most refined gathering space in Driggs. As the community grows, Lula is well-positioned to remain the market leader and benefit from the valley’s expansion.
Opportunities for Growth
Lula offers significant opportunity for growth through expanded private events, retail wine sales, and wine club memberships. The planned Targhee Resort expansion, downtown Driggs development, and steady relocation to Teton Valley all point to rising long-term demand.

With targeted marketing, community partnerships, and strategic tourism engagement, Lula is positioned to capture this momentum. Streamlining operations can improve margins while preserving its elevated guest experience.
Real Estate
Owned or Leased
Leased
Rent
$3,150.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Owner is pursuing other opportunities
Transition Support
Seller will provide 2–3 weeks of on-site training covering daily operations, staff management, vendor relationships, POS system, and wine program.

Ongoing consulting support is available for 30–90 days, based on buyer needs and mutual agreement, with guidance in operations, staff retention, vendor continuity, marketing, and community relations.
Listing Info
ID
2419587
Listing Views
Business Location

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Business Listed by: Crystal Borup-Popenoe

Listing ID: 2419587 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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