BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

Sell a Business • Valuation

Business for Sale • Exit Plan

(800) 589-1286 Ext: 701

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Business for Sale:
Established Wine Bar for Sale

County: Los Angeles, CA
Business ID: 23007

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Dee Khanna, (909) 553-1211
DRE License No: 01896656

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Financial Summary

Price: $145,000

Down Payment: $145,000

Sales: $500,000

Cash Flow: Call/Ask

Inventory: $20,000

Inventory Included: No

FF&E: $15,000

Monthly Lease: Call/Ask

General Information

Financing: Yes

Year Established: 2012

# Employees: 7

Facility Size: 1596 sq. ft.

Training: 2 weeks

Reason for Sale: Retirement

Business Summary

Prime Location!! Low Rent!! ABC Type 42 and 77 licenses included!! Contact business broker for more information regarding this well-established Neighborhood Beer & Wine Bar for sale located in Claremont area of Los Angeles County. The business is located in a desirable downtown area with lots of foot traffic and walk-in customers. The current owners are the original owners who build the space from ground up and have developed a loyal customer base. They have a strong internet and social media presence with an online store to sell products and promote their wine club membership which has 200 plus active members and generates additional revenue of approx. $20,000 each quarter. This neighborhood bar has seating for about 48 people with both outdoor and indoor seating area. They have excellent rating with 5.0-star reviews on Google and Yelp. They are open 6 days a week (Tues-Sun) from 2:00 pm - 8:00 pm on weekdays and up to 9.00 pm on weekends. The business also has an ABC Type 77 license for catering and outside events. The sellers are retiring after 11+ years of ownership and willing to train new buyer for a smooth transition. Motivated Seller willing to consider all reasonable offers.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.