Wine Cellar Restaurant for Sale

Asking Price$259,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$275,000

Inventory$10,000
Included in asking price
FF&E$80,000
Included in asking price
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Wine Cellar Restaurant for Sale


Asking Price$259,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$275,000

Inventory$10,000
Included in asking price
FF&E$80,000
Included in asking price
Business Description
For over two decades, the Wine Cellar has been a staple of Downtown Rapid City. The fine dining restaurant serves chef inspired dishes, highlighted by an extensive and curated wine list. The Wine Cellar always delivers a memorable experience with live music in a cozy and welcoming setting.
About the Business
Years in Operation
25
Employees
8 (3 Full-time, 5 Part-time)
Currently Relocatable
Yes
Facilities & Assets
Since they opened the doors, this business has been located in the same location for almost 25 years. The downtown location is next to a landmark hotel, and offers plenty of parking, good visibility, and ample foot traffic.
Market Outlook / Competition
The restaurant sets itself apart by offering fine dining, live music and one of the best wine list in the city. For over two decades, this business has built a large and loyal customer base.
Opportunities for Growth
A new owner can look to grow the business through an expanded menu, being open additional days/hours, or more advertising/marketing efforts to take advantage of the steady growing population.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,250
About the Sale
Seller Motivation
Seller looking to retire.
Transition Support
Will train for 2 weeks @ $0 cost.
Listing Info
ID
2464246
Listing Views
24

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Business Listed by: Rey Gonzales Murphy Business & Financial Corporation

Listing ID: 2464246 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.