Stunning Downtown Oakland Wine Bar For Sale! Great

Oakland, CA
Alameda County

Asking Price: Annual Revenue:
$199,000 $619,891

Food & Beverage: Bars, Clubs, Nightspots

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RE: Stunning Downtown Oakland Wine Bar For Sale! Great Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $199,000
Annual Revenue: $619,891
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 3
BBN Listing #: 666511533
Broker Reference #: 4021

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Business Overview:

Stunning Downtown Oakland Wine Bar For Sale! Great Lease....

RRC#: 4021
Asking Price: $199,000
Location: Oakland, California
Annual Revenue: $619,891
Annual Cash Flow: Contact for Info
Monthly Rent: $3,329
Lease Expiration: March 2022, plus 5 year option

Listing Description:
A fantastic Wine Bar, Restaurant and Bottle Shop all rolled into one , located in a historic downtown Oakland building is for sale. This wine bar is turnkey down to the last detail! We are seeking an eager owner operator to take over the established and successful Wine Bar. If you are a restauranteur, bar owner or wine enthusiast do not look beyond this great opportunity.

This space oozes atmosphere. The owner spared no expense on the interior design, bar and custom furniture; and includes a small non-hooded kitchen with self ventilating equipment. The interior includes a classic bar with modern equipment, communal table, high tables, standard tables, custom wood stools and chairs and has outdoor seating permitted on both sides of the building.

This business serves their loyal patrons 5 Days a week and has a newsletter that reaches over 1200 fans regularly. A new operator may choose to expand hours to Mondays for all the city employees and downtown office workers, or choose to expand weekend hours to include brunch and longer evening hours, thus boosting volume and profits. Typically this business does over $600,000 a year with more limited hours of operation and faired far better than most during Covid, with its retail wine delivery program. It is great for a quick glass and bite during lunch, to host afterwork events, private events and much more.

An owner operator could pay their monthly Rent & CAM within a few busy hours or with one event. Rent&CAM stays at $3329 through March 2022, and will not top $3767 through March 2027!

A full equipment list is available upon request...

A new owner will celebrate their decision to buy this business with a Glass of Champagne!

General Information:
Organization: LLC
Year Established: 2014
Current Owner: 2014
Employees: 3
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Ask agent
Monthly Cash Flow: Contact for Info
Annual Revenue: $619,891
Annual Cash Flow: Contact for Info
Payroll: Contact for Info

Square Feet: 1595
Seating: 14 Bar +2 ADA Bar, 25 chairs, patio seating 14-24
Parking: Street or Parking Garage
Days/Hours of Operation: 5 Days, 12-8, Saturday 4-9

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other Interests.

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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