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Listing ID: 2484144

Popular Wine Bar In Busy South Bay Shopping Center With $97,000 Profit For Sale

Alameda County, Alameda, California, United States

$ 125,000

Revenue: $ 273,600

Cash Flow: not disclosed

Business Description

Popular Wine Bar In Busy South Bay Shopping Center With $97,000 Profit

RRC#: 2663
Asking Price: $125,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $273,600
Yearly Cash Flow: $96,996
Monthly Rent: 2,124 + NNN

LISTING DESCRIPTION:
This popular Wine Bar has an inviting ambiance and decor, almost like stepping into a cigar lounge from yesteryear. The relaxed atmosphere is a great place for locals to meet up and enjoy live music and or a popular sports event on TV. The current menu is great for wine pairing and can be expanded upon as you see fit. Currently serving dinner only 6 days a week leaves the potential for a new owner to increase business hours and change up the menu so there is upside for an extra day of business and lunch and dinner daily. There is a full kitchen, prep kitchen and a comfortable dining room including lounge seating, and a wine bar. Some of the equipment includes as follows: 4'' type 1 hood with fire suppression system, 2 burners + flat grill over oven, double basket fryer, paninni grill, ice cream freezer, meat cutting machine, microwave, ice maker, 2 door reach-in refrigerator, 2 door reach-in freezer, 3 door under counter refrigerator + sandwich station, espresso machine, coffee blender, coffee brewer, cash register, 168 bottle wine cooler, 32 bottle wine cooler, under counter refrigerator + 3 taps, 5 - 27" TV''s, 1 - 61" TV, 1 - 46" TV, and 4 security cameras, etc.

GENERAL INFORMATION:
Organization: Corporation | Seating: 50 | Square Footage: 1297 | Parking: Abundant within shopping center. | Licenses Required: Health, Business and ABC /type 41 (beer & wine)/fixed | Days Open/Hours: Mon: Private events only Tues - Thurs: 4:00PM - 11:00PM Fri: 2PM - 12AM Sat: 11:30AM - 12AM Sunday: | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $273,600 | Yearly Cash Flow: $96,996 |

LEASE INFORMATION:
Monthly Rent: 2,124 + NNN | Lease Expiration: 4/3/2019 | Yearly Adjustment: Fixed increases | Lease Option: 5 years |

Property Details

Property Type:

Lease

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