This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness and to support regional producers! The store appeals to causal shoppers as well as connoisseurs. Complementing the extensive wine collection, patrons can discover a range of books, merchandise and more. With a dedication to customer satisfaction and a passion for exceptional food and drink, this store has become a sought-after destination for those in search of a harmonious blend of provisions.
- Asking Price:
- $285,000 Furniture / Fixtures included
- Sales Revenue:
- $1,314,394
- Cash Flow:
- $200,254
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$3,175 per annum
- Premises Details:
-
This 800 square foot venue leases for $3,175 per month on a 10 year lease until 2/2032. All of the business’s furniture, fixtures, equipment, goodwill and a coveted Type 21 Off-sale liquor license will be included in the sale. An estimated $40k in inventory will be sold at cost at close in addition to purchase price.
- Size in square feet:
- 800
Business Operation
- Competition / Market:
-
In this market’s bustling retail environment, this venue sets itself apart by offering a diverse selection of high-quality wines from different regions, providing its loyal customers with a variety of uncommon standout choices. The store's commitment to supporting local producers directly sourced from nearby farms, along with its other provisions as possible. This straightforward combination of a wine collection and locally-sourced produce provides them a competitive edge, making it a go-to destination for those who appreciate its curated selection.
- Reasons for selling:
-
Personal
- Employees:
- 6
- Years established:
- 2020
Other Information
- Support & training:
-
Seller will train for 2 week at 20 hour per week or as negotiated.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller may consider a small, secured carry to a creditworthy buyer with sufficient experience to facilitate an SBA or conventional loan, based on the overall offer.
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Inventory / Stock value:
- $40,000
