Restaurant & Bar & Retail
On Broadway

Exceptional wine bar featuring rare gems that evoke a sense of place and time with a menu that features freshest seasonal ingredients.  Open kitchen concept creates a fun dynamic between staff and guests. Also, customers have the opportunity to explore thoughtfully-curated retail selection featuring small, family-owned wineries and vignerons.

Listing Number:

23570

Category:

Food - Restaurant

Location:

On Broadway
$375,000

Financial Information:

Gross Revenue:

$73,493

Listed Price:

$500,000

Down Payment:

$994,685

Total Income:

$0

Year Established:

2020

Lease Information:

Square Feet:

2800

Total Rent:

$6,500

Lease Expiration:

$60,000

Lease Options:

1 option 10 years

Asset Information:

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$125,000

Inventory:

$89,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

3

Special Licence Required:

ABC license which will be transferred to new owner

Contract Staff:

2

Training Period:

Up to 6 months

Reason for Selling:

Retiring

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Thuy Vi Tran
Office: | Cell: (650) 397-6565
License #: CA DRE 02180684

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Restaurant & Bar & Retail
On Broadway

Listing Number:

23570

Category:

Food - Restaurant

Location:

On Broadway

Listed Price:

$375,000
brokerPhoto
Thuy Vi Tran
Office: | Cell: (650) 397-6565
License #: CA DRE 02180684
Exceptional wine bar featuring rare gems that evoke a sense of place and time with a menu that features freshest seasonal ingredients.  Open kitchen concept creates a fun dynamic between staff and guests. Also, customers have the opportunity to explore thoughtfully-curated retail selection featuring small, family-owned wineries and vignerons.

Financial Information

Gross Revenue:

$73,493

Listed Price:

$375,000

Down Payment:

$994,685

Total Income:

$0

Year Established:

2020

Lease Information

Square Feet:

2800

Total Rent:

$6,500

Lease Expiration:

04/2030

Lease Options:

1 option 10 years

Asset Information

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$125,000

Inventory:

$89,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

3

Part-Time Employees:

3

Special License Required:

ABC license which will be transferred to new owner

Contract Staff:

2

Training Period:

Up to 6 months

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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