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Well Established Turn-key Hybrid Wine Retailer & Wine-Bar/Taphouse

Avon, OH
Store Racks
Store Racks
Asking Price:$199,000
Rent:$3,000/Month
Established Year:2005
Inventory:$30,000
FF&E:$60,000
Listing ID: 2204308Listing provided by BizBuySell
BUSINESS DESCRIPTION

Wine Club - Party/Meeting Destination - Tasting Events - Since 2005

Business Description
The Wine Room is a unique hybrid retail wine bottle shop as well as a full bar including wine by the glass, available on-premises fine-wine bottle consumption, tap-house, and available liquor, and cocktail options. The establishment has a thriving monthly wine club and hosts weekly wine tastings, weekly trivia night, twice monthly book club gatherings, Browns football game potlucks, and other seasonal events like “Wine Madness”, “Tasting Spectaculars”, Build-Your-Own tastings, Featured tastings, and “Private” party events, and much more.

Events and weekly events are all communicated to a very matured list of patrons who gladly signed up to see what we have going on regularly! This list provides a great opportunity for active marketing of new options and ideas.

Business Hours
Beyond special events, parties, and seasonal events, The Wine Room is standardly open for business 30 hours per week as follows:
Tuesday-Thursday 4-8 PM
Friday 2-10 PM
Saturday 12-10 PM

The Wine Room is a true "turn-key" opportunity for the proprietor(s) who recognize the opportunity for riches beyond just the $$$ they can earn, which are not insignificant. While The Wine Room enables an honest income for its participating owners, the bonus value is becoming a true part of the goodwill and community that is The Wine Room in Avon.

Operations of the business are well-established and the current ownership is well-vested in the community such that it will make for a very smooth transition to whomever the interested parties are. The investigation of this investment presents some unspeakable opportunities that can only be explored once a confidential discovery is started.

Factored into the asking price besides the sellable inventory and the FF&E is a full D5/D6 Liquor License and tons of goodwill.

Feel free to contact the principal driver of this opportunity by contacting Pete Sandrev

DETAILED INFORMATION
Location
Avon, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
As this is a Turn-key opportunity all assets remain so that starting from day one the new owners can seamlessly transition to business as usual. Assets include: 24' front bar Establishment seating for 60 Keg Coolers Beer Single Coolers Wine coolers Other refrigeration Ice machine Microwave Merchandising Wine Racks TV's Much More
Competition
The Wine Room is situated in a convenient location that is relatively just off the highway at Chester Rd. and Route 83 in Avon, OH. While there is competition, the growth of the Avon market has been exponential and is expected to continue.
Growth & Expansion
With minimal retrofit and the expansion of the operating hours to deliver other services, like gourmet coffee and lunchtime options, the revenue could grow quite dramatically. The bonus is that the establishment has been here for nearly 20 years and is therefore quite recognized in the market. With this, minimal marketing externally and to regular patrons and wine club members can rapidly improve top-line revenues.
Financing
All options are on the table.
Support & Training
This is negotiable but will minimally include a well developed and customized Establishment Standard Operating Procedures Manual.
Reason for Selling
The three owners simply feel the time is right.
BUSINESS LOCATION
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Pete Sandrev
Phone Number
Pete Sandrev
Call Phone