Wine Bar & Kitchen, ASSET SALE

Asking Price: $ 55,000
Type of Business: Wine Bar & Kitchen
Location: Palos Verdes Beach Area
Hours of Operation: Tue-Thu 5:00 pm -9 pm Fri. & Sat 5:00 pm to 10:00 pm
Gross Sales: $ Total 30,000 -8 months in business
Adjusted Net Profit: $ Up to New Owner
Total Rent: $ 6850.00
NNN: $ Inc.
Length of Lease: 11/30/2020
Options: 1 5 yr. option
Sq. Ft. 2292
Number of Employees:
Full time: 2       Part-time:  2
Payroll: $
Insurance: $ 500
Gas: $ 250
Electric: $ 300
Water: $ Inc.
Phone: $ 159
Trash: $ Inc.
Internet and TV: 100
Cost of goods: N/A
Business description.

This is a beautiful new business built out in 2018. The Seller did not realize the amount of time it would entail to have a high end food establishment. It is growing every month and the hours are fantastic. (5:00 to 9:00 Tuesday thru Thursday and 5:00 to 10:00 on the weekends. The setting is a Wine Bar with a great Kitchen and all new furniture and fixtures. It is in the Beach Area of Rancho Palos Verdes, so the clientele is both high end and they appreciate great service and outstanding Wines. Their menu features local, sustainable produce and seafood with an abundant selection of small plates, shareable dishes and en trees. They are 5 star rated on YELP. This is an opportunity for a Buyer that does not want to reinvent the wheel….Everything is set in place and the reputation of the business is outstanding.

Call for more details.
(714) 366-5498