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Listing #3005European Wine Bar in Upscale Community Near Microsoft Price: $49,000











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This is a turnkey and very classy, eclectic, and meticulous European Wine and Beer Bar in Upscale Community Near Microsoft.   Also includes full liquor license. This is an exceptional opportunity for a new owner/operator to step right into a turnkey opportunity and turn a profit quickly while minimizing start-up costs. There are more than $100,000 of recent equipment furnishings and this fine establishment grosses more than $14,000 per month with year over year revenue increases despite a down economy. A selection of great wines and the best beers. The food selection includes fine dining, tapas, great crepes and soups, cheeses, and more. The seller has decided to retire from restaurants and refocus efforts on their other career efforts. The sellers loss is your gain! The environment is warm and inviting and there is a variety of entertainment offerings that promote a thriving energy in this fine establishment. This wine and beer bar is centrally located in a high traffic corner location that offers great visibility and lots of prime parking in the heart of town. 

The seller is a licensed Washington state broker.

This is an Add Value Alliance, Inc. DBA Washington Brokers listing.





General Information Highlights
Listing Status: Available
Price: $49,000
Location: WA Eastside King County
Last Year's Annual Gross: $134,927
Lease Information: New - Negotiable
Liquor License: Full
Indoor Seating: 60
Outdoor Seating: 20
# of Part-Time Employees: 2
# of Full-Time Employees: 2
Hours Open: Sunday, Monday Closed Tuesday 11 am - 10 pm Wednesday 11 am - 10 pm Thursday 11 am - 10 pm Friday 11 am - Late Saturday 5 pm - Late
Year Established: 2003
Inside Sq. Ft.: 1300
Outside Sq. Ft.: 600
Hood System: Yes
General Information Highlights
  • Classy & Eclectic European Wine Bar in Heart of Town
  • Located on High Traffic Prime Corner Location
  • Fully-equipped operation
  • Gross sales exceeded $135,000 in its first year with good year over year increases
  • Ideal for Unique and Creative Entertainment Offerings
  • Award-winning food, live entertainment, and wine selections
  • Quick serve offering promotes good turnover
  • Great concept for inexpensive but classy entertainment in tough economy!
  • Large Outdoor Patio Seating Offers Fun in the Sun
  • Recent sales increases rapidly due to teardown and paveover of adjacent gas station
  • Option to purchase cost effective upgrades to full bar
  • Adjacent Lot is also available for sale
 
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



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