Business Overview:
This is a Wonderful and well established retail wine shop since 1999 in San Diego. Buyer will get a great reputation for this store/location; it is worth the money you pay for its Good Will. Business brings in good and steady income for the owner for the last 10 years. In Fact, the business was slightly improved since the economic downturn in September/2008. Sales have been picking up for the current owner. All P&L, sales receipts, bank statements... are available for buyer's own verification during the contingency period.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This wonderful wine shop located in the upper middle class residential neighborhood. The business has been established for over 10 years with the same ownership. The reputation is overwhelming in the San Diego County area. You will get a valuable GOOD WILL for this establishment. Building size is plus 1,100 Square feet. Rent: $1,850 flat. NNN is Approximately $400 per year. Lease: 4 years, Option: available (5 years) Beautiful, well organized facility.
Market Competition and Expansion:
The business carries a 42 and 20 ABC license. New buyer can convert it into a possible wine bar and/or hold various, frequent wine tasting events.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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