Lucrative, Iconic and Upscale Wine Bar & Kitchen in Prime HTX Location

Houston, TX
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Asking Price:$299,999
Gross Revenue:$1,426,870
Established Year:2007
Cash Flow:$118,253
Rent:$11,344/Month
BUSINESS DESCRIPTION

Thriving Upscale Wine Bar & Kitchen in Prime Houston Location - Established 17 Years, Turnkey Operation with Strong Brand Recognition

Seize this exceptional opportunity to own a renowned upscale wine bar and kitchen located in Houston. Operating for 17 successful years under absentee ownership, this well-established business is being efficiently operated by an experienced and tenured staff, ensuring smooth operations in the owner's absence. It is located in a trendy, popular area for nightlife and dining, offering a mix of trendy establishments, making it an ideal location for a wine bar.

- Turnkey Operation: Fully equipped and operational, this business allows for a smooth transition without needing significant setup or renovations.
- Multiple Revenue Streams: Benefit from diverse income sources, including walk-ins, corporate events, and private parties, ensuring stability and growth potential.

Key Highlights:
- Prime Location: Situated in a bustling area with high visibility, this wine bar attracts consistent foot traffic all year round.
- Strong Brand Recognition: Leverage the reputation of an iconic name in the industry, which will give you immediate market credibility.
- Experienced Team: A seasoned staff is already in place, ensuring continuity and top-tier service for your customers.
- Growth Potential: Explore opportunities to expand the menu, introduce new marketing strategies, and unlock additional revenue streams to maximize profitability.

Don’t miss the chance to own a thriving, well-established wine bar and kitchen with a proven track record of success.

For more information, our client requires that you sign an NDA. Provide your contact details, click "Send Message," and an NDA link will be emailed.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,973
Lease Expiration
31/12/2028
Employees
23
Facilities
This restaurant is well located in a prime retail shopping strip that generates a healthy traffic volume. This restaurant/wine bar is also situated across from a large parking lot, offering plenty of parking to customers. Physical assets in the sale include all furniture, fixtures and equipment.
Growth & Expansion
Areas for Growth Potential: - More involvement in the community via participation in local community outreach events - Room for more growth in social media outreach - Increased corporate events and buyouts - Increased private events like wine tastings, wine classes and weddings - Room for more growth in social media outreach Develop a catering service that leverages the brand recognition - Franchising, expansion
Support & Training
Negotiable to ensure a smooth and easy transition.
Reason for Selling
Owners are retiring
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Ben Honea