Seller's Contact Information
- RE: Wine Bar With Extremely High Gross Margins
- Contact: Arthur Williams
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $739,571 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $119,245 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 15 | |
BBN Listing #: | 307229613 | |
Broker Reference #: | FSE-119 |
Business Overview:
Located in a resort town in the stunning mountains of central Colorado, this family-owned wine bar and restaurant offers specialty wines and craft beers paired with in-house menu creations, and boasts 70% to 80% gross margins. Known locally for their wine list and eclectic menu, the restaurant provides a fun, whimsical atmosphere that encourages customers to stay and enjoy selections from their wine list, custom cocktails, and seasonal menu. Income is generated through sales of wine, beer, cocktails, and menu items, with many items or elements made from scratch in-house.
The business is also pre-approved with SBA financing with 20% down.
This is a turnkey operation that has an established operations manual, dedicated local customers, and a reputation in the region for being open to showcasing craft beers and unique wines, so they get access to new products. They have created an environment that entices families and couples to come in for a fun experience that includes good food and drinks for the whole family.
Affluent locals make up 35% of the loyal customer base, returning on a regular basis to sample new wine and beer offerings and explore the changing menu. The tourist trade provides 65% of the clientele throughout the year. There is little seasonality, with people flocking to the area from late April through October and then families and skiers coming through town on their way to the slopes in the winter.
The business runs smoothly with 8 Full Time and 7 Part Time employees. The key employees include the chef who is instrumental in creating the changing menu. It is in a high-traffic location with lots of people walking past. Located near the international tourist attractions of Pikes Peak, the Garden of the Gods, and Cave of the Winds, the town pulls in tourists from around the U.S. and internationally.
Growth could be achieved through establishing a returning customer program, increasing advertising, increasing the takeout options, and adding gift certificates and merchandise as items for sale. There is limited competition in the area.
The ideal buyer will have a background in the wine and beverage industry, or at least some knowledge of the industry language and an interest in working closely with local wine and beer artisans and the public.
This is an established business. This is not a new franchise or start-up opportunity.
NEXT STEPS: If you’re interested in this business, please fill out the contact form and we will email you an NDA to e-sign. Please look for an email with the subject 'Morgan & Westfield - Wine Bar with Extremely High Gross Margins”. You can access more information on this business after e-signing our NDA.
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:
The restaurant is located in downtown Colorado's historic district in a leased 3,500-square-foot space. It has an outdoor seating area at the back that has a European look.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Restaurant and Bar for sale at Dale Hallow Lake
Awesome income potential. Nestled in between two marinas on Dale hallow lake turn key restaurant and bar with 2 bedroom 2 bath down stairs. Building comes with everything you need to start conducting business upon closing. Building is being sold for appraisal value restaurant equipment is a bonus. Don't let this opportunity of a lifetime pass you by.
Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
11 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
My new Listing
bnvgfkuyfky
Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.