A MUST SEE! Thriving Wine Bar and tapas in affluent strip mall

Miami, FL
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Asking Price:$215,000
Gross Revenue:$613,000
Rent:$5,400/Month
Established Year:2023
Cash Flow:$94,242
Inventory:$30,000
FF&E:$200,000
BUSINESS DESCRIPTION

Get a great opportunity! This wine and tapas bar is a hidden gem for wine enthousiasts and craft beer connoisseurs.
Rapidly growing and located in a nice shopping plaza, with ample parking, this is go-to destination for memorable evenings.
Chic and cosy ambiance adorned with modern aestetics this place is perfect for a private gathering or a night-out with friends. Special events with live music are oganized on a regular basis, private events are already booked for the following months, Christmas parties and over types of events.

Friendly and knowledgeable staff guide the customers through the impressive selection of wines and handpicked craft beer and the wine club attracts many repeat customers. All employees are on W2.

Freshly-made famous deserts, flatbread, charcuterie boards and other gourmet snacks are expertly crafted in the small but very well equipped kitchen.
The bar opens only at 4PM and 6 days a week. Owner works part-time.
The new owner can easily double the income by opening for lunch and breakfast and 7 days a week.

Owners have built an excellent reputation, Great social medias, website, facebook Yelp, 10,000 followers on Instagram and 5 stars reviews on google.

This business is perfect for hands-on owner, entrepreneur.
This Business is turn-key and may qualify for E2 visas.
Owner is motivated, Don't miss this great opportunity!


DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
31/08/2028
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The owner invested a lot in the leasehold. Tastefully decorated with modern lighting, this place can accomodate up to 73 seats including the bar. No competition within five miles radius. Extensive wine list with special wines. 5PM to 12PM Tuesday to Thursday: 4PM to 11PM Fri-Sat: 4PM to 12PM Sun 4PM to 9PM closed on Mondays They will start soon opening at noon on Saturdays and Sundays All equipment is like new, there is a limited kitchen with grease trap, but the owners are pround of making fresh homemade bites and very popular deserts every day.
Competition
Great reputation in the neighborhood, all is word-of-mouth. Extensive variety of wines and great staff. The wine club is a good concept and the number of memberships is growing fast . Wine testing is scheduled every month and attracts many clients. Special events are always fully booked and have a great success.
Growth & Expansion
Nice Shopping plaza with ample parking and lots of foot traffic. They only open for dinner. There is plenty of room to grow this business. Possibility to extend opening hours and offer lunch, breakfast, bites all day.
Financing
SBA loan for qualified professional buyer with experience in this industry
Support & Training
Owner is willing to stay-on for a smooth transition and to train new employees, introduce the new owner to the suppliers and to the customers.
Reason for Selling
Relocation
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Raquel
Afriat
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Raquel Afriat