Property Details

Very Popular Wine Bar and Lounge - Monroe County

Property ID : SPL25.246

For Sale $65,000.00 - Bar/Lounge

DESCRIPTION:

  • A Popular Wine Bar and Lounge located in a very popular City location
  • A beautifully laid-out 1000 Square foot facility with a 40-foot-long bar
  • Voted 8th best Wine Bar in the country in 2014
  • Serving an assortment of cheeses, meats, and fruits on a daily basis
  • There is a six-wine tap system allowing guests to taste the finest wines by the glass
  • Plenty of well-lit parking with over 300 tenants living in apartments within 500 feet of this Wine Bar
  • Hours of business are Monday, Tuesday, Thursday 4 PM – 10 PM    Friday & Saturday 4 PM – 11 PM
  • There is seating for 30-35 customers inside and outside on the patio.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Furniture, Fixtures, and Equipment Fair Market Installed Value of $ 40,000
  • Wine and Liquor Inventory, at cost, of $ 5,000 

LEASE ARRANGEMENTS:

Rent is $ 1,250 per month with the existing lease ending in April 2018. There is a 5-year option to renew

SALES AND SELLERS DISCRETIONARY EARNINGS:                     

                                       2021               2020              2019

Sales:                      $ 185,819       $ 130,692      $ 223,768

Cash Flow (SDE):    $   16,972       $   – 9,181      $   36,875

PRICE/FINANCING:

           The Asking price is $ 65,000.

 COMMENTS:

One of Rochester NY’s most popular Wine Bars. This is a great owner operator turn-key business.  With the growing trend of the wine industry, this unique business is a solid money maker for the right operator.

Agent Stuart Levy

  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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