- 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.
related resources
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