Charming Wine Bar for Sale in Richmond
Asking Price
105000
Annual Cash Flow*
23709
Annual Revenue
163871
Sunbelt Listing ID
N1945-RS
Real Estate
Not Included
This established wine bar is in historic downtown Richmond surrounded by many shops and restaurants. All local cultural events and celebrations take place right at the front door of this location. The indoor bar area covers 1,800 SF of downstairs and upstairs floor space and can accommodate 60 customers at any time. Additional seating is available in the outdoor patio area. Growth Opportunities: The bar is currently operating four days per week from 5 pm until 10 pm. A new owner may want to increase operating hours to increase revenues. The food menu could also be expanded beyond the current cheese and meat tray offerings. Contact Ron Spolane with Sunbelt Business Brokers at 713-854-3481 for complete details.
This established wine bar is in historic downtown Richmond surrounded by many shops and restaurants. All local cultural events and celebrations take place right at the front door of this location. The indoor bar area covers 1,800 SF of downstairs and upstairs floor space and can accommodate 60 customers at any time. Additional seating is available in the outdoor patio area. Growth Opportunities: The bar is currently operating four days per week from 5 pm until 10 pm. A new owner may want to increase operating hours to increase revenues. The food menu could also be expanded beyond the current cheese and meat tray offerings. Contact Ron Spolane with Sunbelt Business Brokers at 713-854-3481 for complete details.
SOLD
Pictures are stock images and are not indicative of the actual business.
Listing Details
State
City
Texas
Houston
Company Description
This established wine bar is in historic downtown Richmond surrounded by many shops and restaurants. All local cultural events and celebrations take place right at the front door of this location. The indoor bar area covers 1,800 SF of downstairs and upstairs floor space and can accommodate 60 customers at any time. Additional seating is available in the outdoor patio area.
Growth Opportunities: The bar is currently operating four days per week from 5 pm until 10 pm. A new owner may want to increase operating hours to increase revenues. The food menu could also be expanded beyond the current cheese and meat tray offerings.
Contact Ron Spolane with Sunbelt Business Brokers at 713-854-3481 for complete details.
Listing Agent
Ron Spolane
713-854-3481
Industry
Food and Beverage
*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.