Restaurant & Bar & Retail

San Mateo County, CA

Seller Financing Available

listing image
Asking Price:$500,000
Inventory:$89,000
FF&E:$125,000
Gross Revenue:$73,493
Rent:$6,500/Month
Established Year:2020
BUSINESS DESCRIPTION

Great vibe and profitable!

Exceptional wine bar featuring rare gems that evoke a sense of place and time with a menu that features freshest seasonal ingredients. Open kitchen concept creates a fun dynamic between staff and guests. Also, customers have the opportunity to explore thoughtfully curated retail selection featuring small, family-owned wineries and vignerons. For more detailed information, please contact listing broker Vi Tran (CA DRE 02180684) at vi.tran@fcbb.com or (650) 397-6565.


DETAILED INFORMATION
Location
San Mateo County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,800
Lease Expiration
30/04/2030
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,800 square feet with a Total monthly rent of $6,500. Lease ends 04/2030 with 1 option. Seller is active with 3FT, 3PT, and 2 contract employees. Hours of operation are Tue-Fri 3pm-11:30pm, Sat 1:30pm-Midnight, Sun-Mon Closed. $89,000 in inventory and $125,000 in FF&E included in the asking price. $60,000 made in leasehold improvements. ABC license which will be transferred to the new owner required.
Support & Training
Up to 6 months
Reason for Selling
Retiring
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Vi Tran