Two Boutique Stores Offering Fine Wine and More

Not Disclosed, CA
Alameda County

Asking Price: Annual Revenue:
$899,000 $2,140,128

Food & Beverage: Grocery & Food Stores

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RE: Two Boutique Stores Offering Fine Wine and More Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $899,000
Annual Revenue: $2,140,128
Net Profit: Not Disclosed
Cash Flow: $328,653
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 10
BBN Listing #: 966211533
Broker Reference #: 4188

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Business Overview:

Two Boutique Stores Offering Fine Wine, Artisan Cheeses, Oils and Vinegars from around the World

RRC#: 4188
Asking Price: $899,000
Location: Alameda County
Annual Revenue: $2,140,128
Annual Cash Flow: $328,653
Monthly Rent: $8,333 Including NNN
Expiration: April 2027 plus 5 year Option

Listing Description:
SBA pre-approved for an 85% loan to all well-qualified Buyers with business acumen and good credit. Asking price $899,000 plus $300k - $400k in purchase inventory, therefore only $195,000 down . This highly successful business was founded nineteen years ago with two stores, 875 sq ft and 1270 sq ft with total annual revenues in excess of $2.1 million at rent of only $100,000 combined. A rare ABC Type 42 & 20 transfer with the sale. The Type 42 allows for public wine tastings on site without food, a license currently not issued. Profits in 2021 $328,000. Both stores are located in upscale areas of Alameda County and attract discerning clientele. Both shops operate seven days per week. 12 employees run the day to day opening and closings while the owner provides the buying and stock control process. This is a well-established business in the area and the opportunity to grow further stores would require minimal investment and should be in a Buyer's game plan to enjoy future growth and increased profits.

To receive more information and discuss this opportunity 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 send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Year Established: 2003
Employees: 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $178,344
Monthly Cash Flow: $27,388
Annual Revenue: $2,140,128
Annual Cash Flow: $328,653
Annual Payroll: $309,457

Square Feet: 1270 & 875
Seating: Contact for Info
Parking: Parking Lot and Street
Days/Hours of Operation: 11am - 6pm and 9.30am -8pm Daily

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Property Features and Assets:

Square Feet: 1270 & 875; Seating: Contact for Info; Parking: Parking Lot and Street.

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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