Business For Sale

Wine Bar - cool vibe - also serves beer and tap

Not Disclosed, CA
Orange County

Orange County

Asking Price: Annual Revenue:
$275,000 $795,501

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Wine Bar - cool vibe - also serves beer and tap Broker: Gregg Tobin

Quick Facts

Asking Price: $275,000
Annual Revenue: $795,501
Net Profit: Not Disclosed
Cash Flow: $110,135
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 11
BBN Listing #: 196220804
Broker Reference #: GBS #410

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Business Overview:

You can acquire this wine bar with a cool vibe that features unique wines from around the world and is located in retail center that has a vibrant community of art lovers, music, fashion and hip cuisine.The owner has been dedicated to sourcing wine from family vineyards and small artesian producers.

This wine bar holds winery events that include wine-makers, vineyard owners and educators. In addition to wine, they serve craft beer (on tap and by the bottle), artesian cheese platters, flat bread and tapas. There is a unique “happy hour” and the wine tasting flights change regularly. You will not find a better operated and managed wine bar. Their success, due in large part, can be attributed to the staff of 11 part-time employees–including 4 Somms.

This wine bar has a strong online presence and boasts a 4.5 rating on Google and 5.0 on Facebook with numerous positive reviews and comments across numerous on-line platforms including Instagram, Yelp and Trip Advisor.

Revenue: Sales in 2017 were $795,501 and SDE $110,135. Sales through June 2018 were $408,727 and annualized $817,454 and SDE projected $$115,000.

Due to confidentiality, particularly in the Orange County area, the Confidential Business Review (CBR) will only be provided to prospective buyers who are qualified and who have signed the non-disclosure agreement.

Support/Training: Training provided.

Terms: Cash

Reason Selling: Owner is retiring.

Year Established: 2012

Employees: 11 Part-time

Contact Information Gregg Tobin.

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Property Features and Assets:

Facilities: Located in a highly visible/traveled location in busy dining/shopping community with strong demo-graphics. There is one year left on the lease so the landlord will offer a new 5-year lease. The space is 1,400 sq. ft and rent is very reasonable.

Market Competition and Expansion:

Growth and Expansion: The wine bar has an excellent reputation and very experienced and well-trained staff. There are hundreds of different wines as well as craft beers and a light food menu so a new buyer would be walking into a real turn-key business.

Reason for Selling:

Owner to retire.

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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