wine bar. Open only 5 days

Long Beach, CA
listing image
Asking Price:$225,000
Gross Revenue:$570,000
Established Year:1994
Cash Flow:$75,000
Inventory:$25,000
BUSINESS DESCRIPTION

A terrific wine bar. A neighborhood favorite for over 25 years. ABC licenses included. #20, #42 and #58. Think of what you can do with all these licenses. No cooking but offering small plates, flatbreads, salads, cheese plates, and more.
You might want to increase the menu too.
Fully equipped with everything you need. Both inside and outside patio seating.
Offering wine by the glass & the bottle. Bottles range from $29-$195/bottle.
The bar operates with 8 employees. If family run, think of the profits you can make here.
Rare opportunity to acquire an established wine bar like this one.


DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Not Included in asking price
Employees
8
Facilities
Adjacent to many hi rise apartments and condos. Easy for customers to just walk in. Approx. 1,000 sq ct. Rent of only $3,300/month. NNN included.
Growth & Expansion
Only open 5 days. Open 6 days and earn more $$. Add catering and think of your upside.
Support & Training
Seller will train you at no extra cost.
Reason for Selling
retiring
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Stephen Holzberg
Steve Holzberg
Stephen Holzberg