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Wine Bar With Extremely High Gross Margins
Location: United States -> Colorado
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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 its wine list and eclectic menu, the restaurant provides a fun, whimsical atmosphere that encourages customers to stay and enjoy selections from its 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.

Growth could be achieved by 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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $908,935
Cash Flow:   $271,872
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  15000-25000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner is willing to train the new owner for 4 to 8 weeks following the closing, included in the price. A more extended training period with the owner can be negotiated if necessary.

Photos

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Wine Bar With Extremely High Gross Margins Photo 1




Print Listing Id: 700389370


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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