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

1/1

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

DA-head-shot-resized.jpg

Ron Spolane

713-854-3481

Industry

*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.