Owner retiring. The wine shop is size is 2120 square feet. It has front and rear entrance. A loading dock is in rear. The wine bar and kitchen is 250 square feet. A wine cellar for holding rare wine is approximately 100 sauare feet and contains shelving.
Current Status: Off The Market
Posting #: 176525
CONTACT IS A
Seller, Owner
BUSINESS LOCATION
Manhattan Beach
AREA(S) AVAILABLE
Los Angeles County
COUNTIES AVAILABLE
Los Angeles
ADDRESS / CITY / ZIP
Manhattan Beach
FINANCIAL INFORMATION
Asking Price:
$90,000
Down Payment:
$90,000
Annual Revenue:
$435,000
Annual Adjusted Net:
None Given
DETAILS

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Training And Support

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Relocatable

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FSBO
WINE, SPIRITS SHOP, TASTING BAR IN MANHATTAN BEACH FOR SALE DETAILS
Owner retiring. The wine shop is size is 2120 square feet. It has front and rear entrance. A loading dock is in rear. The wine bar and kitchen is 250 square feet. A wine cellar for holding rare wine is approximately 100 sauare feet and contains shelving. The south wall contains floor to ceiling shelving and currently houses various tequilas, rums, whiskeys, vodka, gin, liquors etc. Documented Daily Procedures. Instructions on how to work with distributors including contact list and introduction to distributors and distributor sales force.
The owner is available for a negotiable training period; or may continue as an employee.
There is currently a 9 month lease on the building. The landlord is excellent to deal with. There is front and rear parking with two 15 minute spots in the front.
The current sales strategy is Values and Vintages. There is a selection of vintage wines, aged and ready drink and are priced from 50 and up. There are also current vintages of the 50 and up, in the ususal suspects I.e Silver Oak, Jordan, etc. Also there is a selection of value wines in the 6. to 49 range. There is also a selection of beer and sake. There is a web site for internet orders and general viewing.
This business is in a prime South Bay location 1 mile from the beach and is licensed for On Sale (type 42) and Off sale general use (type 21). Type 21 permits the sale of whiiskey, gin, vodka etc. Business has been operational for 9+ years. We have a trusting relationship with our clients. Sale includes euipment, furnishings, customer lists and point-of-sale software.
Please tell me a little about yourself, interest and ability to purchase the business.
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Equipment & Fixtures
Shelving, counters, computers, software, coolers, sink, bar, stools, disabilities bathroom, three compartment, sink, prep table and various furniture and fixtures. List of assets available upon request.
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