Gourmet Wine Bar/Bistro and Event Venue
| Asking Price: | $1,200,000 |
| Inventory: | $468,000 |
| Established Year: | 2005 |
| Gross Revenue: | $1,588,000 |
| FF&E: | $693,000 |
The Company is a multifaceted establishment that uniquely combines a winery, wine bar/bistro, and event venue to create a comprehensive wine-centric experience. It offers an array of products and services, including on-site wine consumption, take-home purchases, and wholesale wine sales. Additionally, the venue features extensive event space rentals, complete with full food service and specialized catering for various events. This integration makes it a prime destination for wine enthusiasts and a versatile locale for hosting both casual and formal gatherings.
Business Model: Winery, wine bar/bistro, and event venue, offering comprehensive services including wine sales, space rentals, and catering to create a full wine experience.
Longevity: Since its establishment in 2005, the company has been a community mainstay for nearly 20 years.
Established Brand: It maintains an excellent reputation for delivering outstanding products and services.
Assets: Included in the sale are fixed assets valued at $693,000, inventory worth $468,000, and $39,000 in Accounts Receivables.
Stable Revenues: The company has consistently generated an average gross revenue of $1.4 million over the last four years.
Event Space Rental Growth: Over the past five years, event space rentals have seen a compound annual growth rate of 6%.
Training: The sellers are committed to a seamless transition and will provide three months of training at no charge.
