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Palm Beach County

  • Listing No.: 109-10381

  • Category: Bar/Liquor

Asking Price $125,000.00
Down Payment $63,697.00
Gross Revenue $500,184.00
Total Adjusted Net Income $63,697.00
Equipment / Fixtures $50,000.00
Year Established 2008
General Location Palm Beach County
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Wine Bar and European Cafe in exclusive and growing part of Palm Beach County for sale offering over 250 types of wines! Established and operated by same absentee owner for ten years who is now retiring. Outstanding online reviews for its fresh and impeccable European style dinner menu and amazing wine selection. Also features live music every night and a well known reputation for its delicious food, friendly service, and homey atmosphere. Seats 28 inside, 12 at separate bar area, and 10 outside. Open from 5pm-12am tue-sat. A working owner-cook can earn over $60K/year, and can also grow sales by expanding hours and eliminating other expenses.  Kitchen area includes hood and grease trap. A perfect "old-style" type of wine bar/restaurant that is a fun and profitable business to own. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.

Gross Revenue $500,184.00 Listed Price $125,000.00
Total Income $63,697.00 Down Payment $63,697.00
Base Rent Square Feet 800
Total Rent $4,100.00 Lease Expiration 1/2022
Rent Deposit Lease Options
Inventory $30,000.00 Leasehold Improvements $50,000
Equipment / Fixtures $50,000.00 Other Assets
Full-Time Employees 5 Training Period two weeks
Part-Time Employees 2 Special License Required
Contract Staff Reason for Selling retirement

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.