Dinner Only Wine Bar

Not Disclosed, TX
Dallas County

North Dallas

Asking Price: Annual Revenue:
$275,000 $525,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Dinner Only Wine Bar Broker: Moon Kim

Quick Facts

Asking Price: $275,000
Annual Revenue: $525,000
Net Profit: Not Disclosed
Cash Flow: $144,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 774819188
Broker Reference #: 000354

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Business Overview:

Upscale one-of-a-kind Mediterranean restaurant with strong liquor sale and exclusive dinner service is available for acquisition. This business was established and acquired in mid 2014 by the current owner of the business. Middle-aged individuals make the bulk of the customer base as this business is specifically targeting upper class individuals and couples for fine dining during dinner service operation hours. The unique structure of how this restaurant is setup allows this business to have no direct competition as well as acquiring all of the specific demographics in the area that the business is aiming for. Sales average at $45,000-50,000/month and have grown at a steady pace over the years of operation. So many methods of marketing are left untapped since no marketing has been done since establishment. Current strong liquor sales and the addition of happy hour can create the needed synergy to attract more customers of different demographics including drastic increase in revenue. Social media marketing can also improve the area that which this business is known and increase the amount of young adults that would come during happy hour service. Recent addition of delivery service has increased sales by a slight margin, but local marketing to notify nearby individuals of delivery service will be crucial to the growth of the business since this area is surrounded by many residential and commercial buildings that can be potential customers. Expanding operation hours is also another viable option to promote instant increase in sales and attract a different demographic of customers for lunch service. Products that this business provides include a various selection of liquors, cocktails, wines, beer, assorted meats/cheeses, and tapas (small dishes of food to accommodate alcoholic beverages) in 3 different price ranges. This business is extremely unique in the area and has many untapped resources that will grow the business exponentially. Acquisition is essential to any potential Buyer that can lead this business to optimal growth and efficiency with proper management.

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Property Features and Assets:

Located in a 2,500 Square Feet free-standing building with an outside patio and tremendous traffic from the nearby intersection. All equipment is in impeccable condition and in working order. / Inventory: $15,000 (Included in listed price).

Market Competition and Expansion:

Competition: No direct competitors are within the immediate market area. / Growth and Expansion: Proactive marketing is needed to reach the optimal growth in sales. No marketing is done at the current moment.

Reason for Selling:

Relocating to CA.

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.

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