3 Nationally Recognized European Fine Wine & Food

Not Disclosed, CA

Bay Area


Asking Price: Annual Revenue:
$1,350,000 $3,538,539

Food & Beverage: Miscellaneous


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RE: 3 Nationally Recognized European Fine Wine & Food Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $3,538,539
Net Profit: Not Disclosed
Cash Flow: $395,133
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 15
BBN Listing #: 844711533
Broker Reference #: 4107

Email or Print Listing

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Business Overview:

3 Nationally Recognized European Fine Wine & Food Bay Area Grocery Stores with Huge Online Presence

RRC#: 4107
Asking Price: $1,350,000
Location: San Francisco
Annual Revenue: $3,538,539
Annual Cash Flow: $395,133
Monthly Rent: $24,000
Expiration: 2031

Listing Description:
SBA long term financing has been pre-approved with fixed, low interest rates available to well qualified Buyers looking to purchase all three successful Bay area Fine Wine and Food Specialty Grocery stores with a total retail space of 6,500 square feet. In business for over 25 years and in the same owners for over 15, the stores operate extremely efficiently within an 8 hour/1 shift day. 2020 and 2021 sales revenues were in excess of $3.5million with online orders of $500,000 and profits in both years at $400,000. All systems are in place to maximize efficiency and profits. This recognized brand is used by Celebrity Chefs and Restaurateurs around the Nation and continues to expand developing a huge online presence which has so much scope to increase future revenues. Included with the sale are 3 ABC type 20, beer and wine ‘off-sale’ licenses.

After many enjoyable years the owners now wish to retire from the food world but are willing to fully train the new owners offering their insight and recommendations for the future success.

Locations are within easy drive of each other and the owners currently manage their business with the assistance of key, well-trained long-term management & employees who are professional in their product knowledge. This is clearly confirmed in this review, “What a wonderful place and the service is fantastic. I purchased birthday gifts for my twin sisters and the packaging and mailing was all taken care of by the store. Thank you !!”

The restaurant industry is complicated and stressful in nature while this business is the complete opposite. All Fine Wine & Food along with European style Goods are sold as a specialty grocer with no need for chef’s, bartenders & servers, just well-trained, professional, knowledgeable sales employees who enjoy the industry without having to work evenings.

This is a highly confidential listing, therefore to receive more information and discuss this long-established business with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll contact you to discuss before sending the name and address, full financial information, leases & comprehensive list of equipment included with the sale.

General Information:
Organization: LLC
Year Established: 1995
Current Owner: 2005
Employees: 15
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $294,878
Monthly Cash Flow: $32,928
Annual Revenue: $3,538,539
Annual Cash Flow: $395,133
Annual Payroll: $518,974

Facilities:
Square Feet: 3,500 & 1,800 & 1,200
Seating: Contact for Info
Parking: Parking Lot & Street
Days/Hours of Operation: 10.00am - 6.00pm Mon - Sat-11.00am - 5.00pm Sunday

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.

Property Features and Assets:

Square Feet: 3,500 & 1,800 & 1,200 6500 Seating: Contact for Info Parking: Parking Lot & Street

Reason for Selling:

Retirement

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.

Relevant Links:

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