Description

This South Orange County Beach Town Wine Bar and Retail Shop. The owners have created an amazing Wine Bar with wonderful atmosphere and ambiance and retail business that features an extensive selection of Wines from all over the world as well as cheeses, gourmet foods, and cigars. The Wine Bar also host events on a regular basis that feature Wine Tastings from Wineries and Vineyards they represent, Art Classes, and other fun events. The Wine Club has over 600 members and continues to grow by as much as 85 new members per quarter. The sales have continued to increase each year and in part can be attributed to the owners upgrades to the facility which included modifying the bar area to increase seating as well extending hours and securing a permit for acoustic music. It does not get any better on the RENT, only $1,500 per month with a long term lease in place including the option. You will not find such a low rent in any Orange County business location, let alone beach town. Combine that with the fact the sales are averaging $75k per month which equates to rent being 2% of sales. The owners work about 30 hours per week and employ a loyal staff for there has not been any turn-over in staff for years. The licenses included in the sale are 42 (on sale/public premises) and 20 (Off Sale/Package Store) are assignable. This is a “Turn Key” business that is a great place for locals, regulars, and tourists alike to enjoy Wines and Beers from many of the country’s most recognizable Wineries.
The owners invested several hundred thousand in upgrading the facility, equipment, and building the inventory the last 3 years and the business has benefitted with sales increasing by 30 %. The business is now poised for strong profitability and a new buyer will benefit from the upgrades and additional goodwill created.

Financial Summary

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