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For Sale: Wine Store And Cafe - Fairfax, LA County


Current Status: Active     Posting #: 253926     Last Refreshed: 10/15/19    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $85,000     Down:  $85,000     Adjusted Net:  Call     Revenue:  $360,000    
Business Address:  None Given     City:  Fairfax     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Ryan Clark at 310-652-8353.

  Description About This Posting: Wine Store And Cafe
The quaint Fairfax / Beverly Center area wine store and cafe boasts a fantastic selection of wine and complements their offerings with onsite tastings and providing patrons a fine cafe menu for onsite or take-away dining. As the venue is not a bona-fide restaurant it does not have a hood or kitchen. As it migrated from a retail-driven concept to a food driven one food service is not required but it's a solid customer draw and revenue generator! The gourmet shop's menu complements its wine selection.

The 1,146 square foot combination retail and cafe venue leases for $5,800 per month plus $1,176 in triple net expenses. The lease's term expires in 1/2024 with one 5 year option. All of the business's furniture, fixtures, equipment, goodwill and Type 42 Beer & Wine license will be included in the sale. Approximately $10,000 in wine inventory will be sold at cost at close. The unit has 2 rest rooms and a manager's office.

While competition exists in the retail craft beer and wine segment of the market, and also abounds in the light fare that is prepared for patrons, this venue uniquely combines the two to create a more thorough customer experience. As such, its stands out amongst others in an area that has a number of dining and shopping choices.

New operators will likely want to capitalize on the foundation that has been built, but enhance it by bolstering the business's retail, catering and gift basket components. The venue caters to both food and wine epicureans as well as neighborhood patrons looking for a quick quality bite, but one need not be a connoisseur of the finer things to appreciate the items on offer. The store could promote its established gourmet food and wine market position via the addition of complementary higher-end retail items such as pastas, cheeses, remote the retail selection or food options may be expanded with the addition of an electric hood. The venue has fantastic panini style sandwiches but they are not heavily promoted in the area.

To get more information about this Wine Store And Cafe business for sale in Fairfax, LA County please phone Ryan Clark (Broker) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253926 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Wine Store And Cafe, to ask any questions or request an appointment to see this business for sale. Thank you.

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