Wine Bar With Profitable Membership Club
Not Disclosed, OH Summit County
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- RE: Wine Bar With Profitable Membership Club
- Contact: Bill White
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $900,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $261,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 8 | |
| BBN Listing #: | 1012027 | |
| Broker Reference #: | 4301-19489 |
Business Overview:
A charming yet sophisticated wine bar and café in an affluent area of Summit County, Ohio is available for purchase. With over fifteen years of operating history, this business has built a loyal and growing customer base, an excellent reputation, and outstanding guest reviews across multiple platforms. The concept is intimate, approachable, and expertly positioned, offering an extensively curated wine selection, a chef-crafted small plates menu, a full bar, and a vibrant events program.
A proprietary membership program representing nearly 30% of total annual revenue provides recurring, predictable monthly income that operates largely independent of daily bar and dining sales. Comprehensive operational manuals, a tenured staff, and established vendor relationships all transfer with the sale, and an experienced manager handles day-to-day operations.
This business is not eligible for lender financing, however the seller is willing to finance up to 50% of the purchase price for a qualified buyer. Ideal candidates are wine enthusiasts ready to step into a turnkey operation with meaningful upside.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
A 1,980 sq. ft. retail/bar space in a high end commercial plaza. Recent renovations have been made. The current lease with options runs through 2032 with reasonable rent escalators. Currently paying $3,995 per month.
Assets = $47,000
Market Competition and Expansion:
Room for growth by opening on Mondays, continued special events, and increased Wine Club membership.
Reason for Selling:
Other business and geographic interests. Kindly ask the seller for more information.
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
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