Review

Wine Bar
Restaurant, Food Related
In or near Santa Clara

Status: Available
Price: $320000
Sq Ft: Sq Ft.

LBA Listing # 3812
 

 
Wine Bar
Restaurant, Food Related


Santa Clara LBA Listing # 3812
Well established wine bar in one of the most desirable downtown well populated City. A unique European Style wine bar and bistro specializing in local wines and delicious food. Great for private events with an outdoor garden and patio seating. They specialize in small production boutique; California wines. Many of the wines are estate- grown and from family-owned wineries. Santa Clara County and the Santa Cruz Mountains produce world-class wines that are hard to find in stores and restaurants and are showcased here. Seller claims in 2018 Sales were over $1,200,000. Rent is $5,567/m including NNN. All Staff is in place including chef, manager and event coordinator. Lease expires  2026. Food cost is 33.5% and labor is about 38.4%. This is an absentee run business. An Owner operator can possibly cut down the labor & food cost by 15%.
Status: Available
Price: $320000
Sq Ft: Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Wine Bar / Restaurant
License(s) Required: Business, Heath, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3812
Date Available: 10/24/2019
Reason For Sale: Other Interest
Annual Total Revenue: 1,200,000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 5,567/m
Lease Expires: 2026
Lease Option:
NNN: included
 
Financing Information
Down Payment: 320,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.