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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Three Nationally Recognized European Fine Wine And Food For Sale

California - North, US
Asking Price:
$1,350,000 (USD)
Sales Revenue:
$3,538,539 (USD)
Cash Flow:
$395,133 (USD)

3 Nationally Recognized European Fine Wine & Food Bay Area Grocery Stores with Huge Online Presence

RRC#: 4107
Asking Price: $1,350,000
Location: San Francisco
Annual Revenue: $3,538,539
Annual Cash Flow: $395,133
Monthly Rent: $24,000
Expiration: 2031

Listing Description:
SBA long term financing has been pre-approved with fixed, low interest rates available to well qualified Buyers looking to purchase all three successful Bay area Fine Wine and Food Specialty Grocery stores with a total retail space of 6,500 sq ft. In business for over 25 years and in the same owners for over 15, the stores operate extremely efficiently within an 8 hour/1 shift day. 2020 and 2021 sales revenues were in excess of $3.5million with online orders of $500,000 and profits in both years at $400,000. All systems are in place to maximize efficiency and profits. This recognized brand is used by Celebrity Chefs and Restaurateurs around the Nation and continues to expand developing a huge online presence which has so much scope to increase future revenues. Included with the sale are 3 ABC type 20, beer and wine ‘off-sale’ licenses.

After many enjoyable years the owners now wish to retire from the food world but are willing to fully train the new owners offering their insight and recommendations for the future success.
Locations are within easy drive of each other and the owners currently manage their business with the assistance of key, well-trained long-term management & employees who are professional in their product knowledge. This is clearly confirmed in this review, “What a wonderful place and the service is fantastic. I purchased birthday gifts for my twin sisters and the packaging and mailing was all taken care of by the store. Thank you !!”
The restaurant industry is complicated and stressful in nature while this business is the complete opposite. All Fine Wine & Food along with European style Goods are sold as a specialty grocer with no need for chef’s, bartenders & servers, just well-trained, professional, knowledgeable sales employees who enjoy the industry without having to work evenings.

This is a highly confidential listing, therefore to receive more information and discuss this long-established business with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll contact you to discuss before sending the name and address, full financial information, leases & comprehensive list of equipment included with the sale.

General Information:
Organization: LLC
Year Established: 1995
Current Owner: 2005
Employees: 15
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $294,878
Monthly Cash Flow: $32,928
Annual Revenue: $3,538,539
Annual Cash Flow: $395,133
Annual Payroll: $518,974

Facilities:
Square Feet: 3,500 & 1,800 & 1,200
Seating: Contact for Info
Parking: Parking Lot & Street
Days/Hours of Operation: 10.00am - 6.00pm Mon - Sat-11.00am - 5.00pm Sunday

Property Information

Real Estate:

Lease

Location:

Bay Area

Size in square feet:
3,500 & 1,800 & 1,200

Business Operation

Reasons for selling:

Retirement

Trading hours:

10.00am - 6.00pm Mon - Sat-11.00am - 5.00pm Sunday

Employees:
15
Years established:
1995

Other Information

Support & training:

Yes

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