Wine and Tapas Bar in Phoenix

Phoenix, AZ
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Asking Price:$350,000
Gross Revenue:$590,000
Rent:$3,500
FF&E:$70,000
Cash Flow:$180,000
Inventory:$20,000
EBITDA:$180,000
BUSINESS DESCRIPTION

Phoenix Wine & Tapas Bar for Sale

Well-Loved Wine and Tapas Bar in Phoenix featuring a unique chef-created, seasonal menu and curated wines. Business has a great mix of commercial and residential nearby making it an ideal spot for happy hour, dinner and drinks, or a night cap. Business has multiple revenue streams that set it apart from other wine-bar concepts and is poised for growth! Seller is active in the business 20-30 hours/week acting mainly as a floater and back-end business operator (inventory, scheduling, payroll etc). This business has dozens of glowing reviews and sports a 4.9 star rating on Google.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2025
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Special Licenses Req'd: Liquor License, Health Dept.
Support & Training
2 weeks
Reason for Selling
Relocating
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Erin
Schulthies
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Erin Schulthies