Wine Bar

Not Disclosed, CA

North Orange County

Asking Price: Annual Revenue:
$175,000 $468,512

Food & Beverage: Bars, Clubs, Nightspots

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RE: Wine Bar Broker: Gregg Tobin

Quick Facts

Asking Price: $175,000
Annual Revenue: $468,512
Net Profit: $113,716
Cash Flow: $113,716
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 7
BBN Listing #: 405820804
Broker Reference #: GBS #427

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Business Overview:

You can acquire this very successful Wine Bar that has been operating under the original ownership since 2011. The Wine Bar specializes in small-production, boutique California wines offering wines by the glass and bottle. In addition to wine, American craft beers and ciders as well as tasty olive oil-inspired small plates are offered. Customers can enjoy an educationally-oriented wine tasting experience and on any given day guests, with the help of the expert staff, can create a custom flight of California’s finest wines.
The Wine Bar is part of a franchise and there is one year left on the current agreement. A new buyer can sign a franchise agreement or rebrand in the next year. The Wine Bar is located in a busy shopping center surrounded by unique businesses conducive to the business.
The owners have decided to sell due to a partnership split but will ensure a smooth transition. One partner works 30-35 hours in the business and other about 5 hours per week and there is a well-trained staff of 7 part time employees. The type 42 license (on sale beer/wine) and type 58 (catering) are included with the business.
The Sellers Discretionary Earnings (SDE) in 2018 were $113k and projected over $100k in 2019. The books and records are clean and the business is priced to sell. The sellers will fully train a new buyer and ensure a smooth transition.

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Property Features and Assets:

High profile location. Rent is $3,825 per month. There are two years left on the lease and 2-year option.

Market Competition and Expansion:

A new buyer can build on the goodwill created by the owners. This is a passion driven business and really solid opportunity for a first-time entrepreneur.

Reason for Selling:

Partnership split

Additional Details:

  • The property is leased.
  • The owner is not 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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