PROFITABLE-Make Money Immediately/Wine Bar

Not Disclosed, MD
Baltimore City County

Asking Price: Annual Revenue:
$600,000 $718,780

Food & Beverage: Liquor Stores

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RE: PROFITABLE-Make Money Immediately/Wine Bar Broker: Michele Pouliot

Quick Facts

Asking Price: $600,000
Annual Revenue: $718,780
Net Profit: Not Disclosed
Cash Flow: $117,765
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 7
BBN Listing #: 4084955
Broker Reference #: 2404-14369

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Business Overview:

This wine (spirits and beer) bar has a relaxed easy atmosphere and is a great place to socialize with friends. Consider this wine bar a cousin to the Starbucks concept, but with wine, beer and spirits. Situated in a very desirable location. It’s also a great place to pick up snacks – with an emphasis on local sources – artisan cheeses and meats, accessories, even flowers! Live music and tastings several times a month.

On average the wine bar/packaged goods business carries $100,000-$150,000 of inventory (at cost). Inventory is not included in the list price. Owner's expect to negotiate inventory sale at the time of the business sale.

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Property Features and Assets:

Facility is 2,600 square feet in size. Rent is $7,035 per month. Located in a highly desirable, safe area with high end stores, restaurants and further planned gentrification. Assets= $718,780

Market Competition and Expansion:

This wine bar is one of only two in the area that meshes a relaxed atmosphere in an elegant setting with the ability to purchase from a large wine selection. New, popular and growing business concept. This wine bar has great momentum and is experiencing 16% year over year growth. Momentum will likely increase as the area is growing, a development target for top real estate investors and has a big millennial/professional clientele.

Reason for Selling:

The owners are 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.

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