$292K Net, Semi-Absentee, Winery and Bistro

Ohio

Seller Financing Available

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Asking Price:$650,000
Gross Revenue:$931,349
FF&E:$87,000
Established Year:2016
Cash Flow:$292,365
Inventory:$77,000
Real Estate:$680,000
BUSINESS DESCRIPTION

SBA Pre-Qualified!

Transworld Business Advisors of Northwest Ohio represents a semi-absentee-owned winery & bistro situated just off a busy interstate. This esteemed winery & bistro offers a rare chance to own a business that has earned a reputation for its outstanding selection of fine wines and gourmet dishes. Cherished by the local community, the bistro provides a sophisticated dining experience where expertly curated wines are paired with delectable appetizers and entrees.

In addition to its inviting dining room, the bistro offers convenient services such as wine and food delivery, wine shipping, and private event hosting. This makes it a preferred destination for wine and culinary enthusiasts alike. Whether savoring a meal in the cozy dining room or hosting a memorable event, this wine bistro guarantees an experience to remember.


DETAILED INFORMATION
Location
Ohio
Inventory
Included in asking price
Real Estate
Owned
Building SF
6,800
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The real estate is owned by a separate entity and is being sold for $680,000; it is NOT included in the asking price. The real estate includes recent renovations totaling $497,000 in value and offers beautiful dinning and outdoor patio seating. FF&E Overview: Furniture, fixtures, & equipment that is needed to support the day-to-day operations, which includes all specialty equipment, including the large stainless steel tanks, refrigeration equipment, glycol chiller system, food prep refrigeration stations, furniture for indoor and outdoor patio, & More!
Growth & Expansion
The owner has identified areas for potential growth, including additional days of operation, expanding into additional space that is currently being leased and set to expire in 2026, increasing presence in the wholesale market, open a second location.
Financing
Owner Terms: $133,000.00 Interest: 8%
Reason for Selling
Other Interests
Franchise
This business is an established franchise
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Dan
Kohls
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Dan Kohls