- Listing ID: 907313
- (Seller ref: 6008-5772)
Trendy Wine Bar & Market In South Austin For Sale
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Summary
- Asking price:
- $500,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $954,555
- Cash flow:
- < $250k
- Years established:
- 2.5
Business description
Popular S. Austin night spot is becoming a favorite for both trendy locals and celebrities. After an initial failed concept featuring high end chefs, menu items, and a grocery/market. Original Million dollar space was gutted to add a wine bar with 100's of wine & beer selections in 2008. Features over $1M in assets, very low lease rates, locked in for the next 10 years at a 38% discount to neighbors. Excellent for new or existing concepts. Seller is selling to focus on other multi $M business.
Other information
- Support & training:
- Will train for 4 weeks at no cost
- Reasons for selling:
- Focus on other business interest
- Financing available:
- $250k down/ $ 250k for 48 mths @ 6%
- Furniture / Fixtures value:
- $268,362 (included in the asking price)
- Inventory / Stock value:
- $39,341 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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