Wine Bar with Profitable Membership Club
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A charming yet sophisticated wine bar and café in an affluent area of Summit County, Ohio is available for purchase. With over fifteen years of operating history, this business has built a loyal and growing customer base, an excellent reputation, and outstanding guest reviews across multiple platforms. The concept is intimate, approachable, and expertly positioned, offering an extensively curated wine selection, a chef-crafted small plates menu, a full bar, and a vibrant events program.
A proprietary membership program representing nearly 30% of total annual revenue provides recurring, predictable monthly income that operates largely independent of daily bar and dining sales. Comprehensive operational manuals, a tenured staff, and established vendor relationships all transfer with the sale, and an experienced manager handles day-to-day operations.
This business is not eligible for lender financing, however the seller is willing to finance up to 50% of the purchase price for a qualified buyer. Ideal candidates are wine enthusiasts ready to step into a turnkey operation with meaningful upside.
A proprietary membership program representing nearly 30% of total annual revenue provides recurring, predictable monthly income that operates largely independent of daily bar and dining sales. Comprehensive operational manuals, a tenured staff, and established vendor relationships all transfer with the sale, and an experienced manager handles day-to-day operations.
This business is not eligible for lender financing, however the seller is willing to finance up to 50% of the purchase price for a qualified buyer. Ideal candidates are wine enthusiasts ready to step into a turnkey operation with meaningful upside.
About the Business
- Years in Operation
- 9
- Employees
- 8 (2 Full-time, 6 Part-time)
- Facilities & Assets
- A 1,980 sq. ft. retail/bar space in a high end commercial plaza. Recent renovations have been made. The current lease with options runs through 2032 with reasonable rent escalators. Currently paying $3,995 per month.
- Opportunities for Growth
- Room for growth by opening on Mondays, continued special events, and increased Wine Club membership.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,980
About the Sale
- Seller Motivation
- Other business and geographic interests.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- $249K down/$250K over 60 mos. @ 8.50%.
Listing Info
- ID
- 2515682
- Listing Views
- 59
Listing ID: 2515682 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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