Asking Price: $98,732 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $77,000 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.
Vinostrology is a very popular night spot located in a prime location in Downtown Bellingham. The location includes a full kitchen with grill and hood which is very underutilized currently leaving a strong area for growth.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,031.00 Per Month
Located in the heart of downtown Bellingham, at a highly visible and desirable address, with plenty of parking. Wall-to-wall windows create superb curb appeal. The kitchen comes equipped with a hood, produce sink, tipple sink, dishwasher, hand and mop sinks and plenty of space.
This is a unique, one-of-a-kind wine bar with state-of-the-art wine dispensing and preservation machines, allowing the wine connoisseur to tap into 20 different wines at all times. With a "cosmopolitan" interior, soothing ambiance, seating for 40+ people and a full kitchen, this is the ideal opportunity to continue business in one of Bellingham's best gathering spots.
Growth & Expansion:
Significant growth is clearly available through use of a very underutilized kitchen.
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.