REDUCED! Established High Profit Wine Shop & Tasting Bar
| Asking Price: | $550,000 |
| Inventory: | $125,000 |
| Gross Revenue: | $1,200,000 |
| Rent: | $4,021/Month |
REPRICED!
Sales of $1,200,000 - $1,700,000.00.
This long-established neighborhood (inside beltline Raleigh) wine shop & tasting room enjoys a rent structure currently 45% BELOW market, and has only small annual increases until 2033! The 2,300ft2 shop has a great location with plenty of parking and a sophisticated clientele living in the surrounding area making it the go-to for discriminating wine connoisseurs far & wide. Here's the opportunity to make great profits without paying it all to the landlord! The purchase price of $570,000 includes the fixtures & equipment plus the excellent goodwill and assignment of the exceptional lease. The inventory of wine fluctuates and will be inventoried and sold in addition to the purchase price at invoice cost (currently - $125K).
This is a TURNKEY operation with management in place.
Call or email Broker today for more information on this excellent opportunity! NOTE: Photo is NOT ACTUAL LOCATION but is representative only.
