Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1783
Seattle Restaurants For Sale

Wine Bar For Sale: European Wine Bar in Upscale Community Near Microsoft

$55,000
Sold
Wine Bar For Sale: European Wine Bar in Upscale Community Near Microsoft
This Listing is Sold
Selling Restaurants presents this very classy, eclectic, and meticulous European Wine and Beer Bar in Upscale Community Near Microsoft. This is an exceptional opportunity for a new owner/operator to step right into a turnkey opportunity and turn a profit quickly. There are more than $145,000 of recent equipment furnishings and this fine establishment grossed more than $135,000 its very first year. A selection of about 100 great wines and the best beers, as well as some exotic drinks from Eastern Europe. The food selection includes fine dining, tapas, polish pierogi, crepes, great cheeses, and more. The seller has decided to retire from restaurants and refocus efforts on their other business ventures. 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.

This is an Add Value Alliance, Inc. listing.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
New - Negotiable
Total Monthly Rent:
$2,813
Security Deposit:
$2,700

Financials

Last Year's Annual Gross:
$134,927
Last Year's Payroll Cost %:
62
Last Year's Rent %:
24

Operations

Liquor License:
B&W
# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
4:30pm-10pm Tues-Wed
4:30pm-12am Thurs-Fri
5:00pm-12am Saturday
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
20
# of Parking Spots:
35
Inside Sq. Ft.:
1,300
Outside Sq. Ft.:
600

Highlights

  • Classy & Eclectic European Wine Bar in Heart of Town
  • Located on High Traffic Prime Corner Location
  • Fully-equipped turnkey operation includes $145,000 recent equipment
  • Gross sales exceeded $135,000 in its first year
  • Ideal for Unique and Creative Entertainment Offerings
  • Award-winning food 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 and large Type 1 Hood System
  • Weekly wine tasting keep customers wanting more

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 63,948 216,624
Households 3-mi. 5-mi
2010 Number Of Households 24,008 81,110
2010 Persons Per Household 2.42 2.38
Median House Value $465,200 $461,783
Income Per Household $99,192 $92,345
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,398 8,373
2012 Number Of Employees 161,508 322,712
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

Other Listings in the Area
  • Manchester Grill with Real Estate
    #5979
    Manchester Grill with Real Estate
    Square Feet:  
    3,200
    Available
    $1,200,000
  • Bainbridge Island Pizza/Pasta – Cash Cow
    #6004
    Bainbridge Island Pizza/Pasta – Cash Cow
    Monthly Rent:  
    $7,336
    Square Feet:  
    4,785
    Available
    $550,000
  • CAPITOL HILL CORNER – ASIAN FUSION CASH COW CONCEPT
    #6039
    CAPITOL HILL CORNER – ASIAN FUSION CASH COW CONCEPT
    Monthly Rent:  
    $11,930
    Annual Revenues:  
    $1,050,000
    Square Feet:  
    2,906
    Available
    $299,000
  • Capitol Hill Profitable Restaurant
    #6044
    Capitol Hill Profitable Restaurant
    Monthly Rent:  
    $1,544
    Annual Revenues:  
    $900,000
    Annual Adj. Net:  
    $115,000
    Square Feet:  
    1,544
    Available
    $250,000
  • PRICE REDUCED North Seattle Dive Bar - Desirable Neighborhood
    #6051
    PRICE REDUCED North Seattle Dive Bar - Desirable Neighborhood
    Monthly Rent:  
    $5,500
    Square Feet:  
    1,600
    Available
    $149,000
  • SW Washington Cash Cow Restaurant with Multiple Profit Centers
    #6060
    SW Washington Cash Cow Restaurant with Multiple Profit Centers
    Monthly Rent:  
    $6,000
    Annual Revenues:  
    $1,750,605
    Square Feet:  
    3,500
    Available
    $750,000
  • 5-DAY DELI – OFFICE TOWER LOCATION
    #6081
    5-DAY DELI – OFFICE TOWER LOCATION
    Monthly Rent:  
    $2,349
    Square Feet:  
    1,228
    Available
    $135,000
  • University of Washington Area Restaurant and Bar
    #6083
    University of Washington Area Restaurant and Bar
    Available
    $99,000
  • Cafe and Restaurant For Sale in Seattle
    #6091
    Cafe and Restaurant For Sale in Seattle
    Available
    $280,000
  • White Center Bar and Grill
    #6093
    White Center Bar and Grill
    Monthly Rent:  
    $2,546
    Square Feet:  
    1,400
    Available
    $69,000
  • Popular Menchie’s Frozen Yogurt Shop in King County
    #6103
    Popular Menchie’s Frozen Yogurt Shop in King County
    Monthly Rent:  
    $6,500
    Square Feet:  
    1,780
    Available
    $95,000
  • Tacoma Bar and Restaurant with Big Sales and Bigger Potential
    #6115
    Tacoma Bar and Restaurant with Big Sales and Bigger Potential
    Monthly Rent:  
    $4,100
    Annual Revenues:  
    $750,000
    Square Feet:  
    3,300
    Available
    $275,000
  • Well Established Pierce County Italian Restaurant
    #6116
    Well Established Pierce County Italian Restaurant
    Monthly Rent:  
    $8,500
    Annual Revenues:  
    $1,647,635
    Square Feet:  
    3,900
    Available
    $599,000
  • Competitively Located Downtown Pizzeria in Kitsap County
    #6117
    Competitively Located Downtown Pizzeria in Kitsap County
    Monthly Rent:  
    $2,800
    Annual Revenues:  
    $250,000
    Square Feet:  
    2,700
    Available
    $60,000
  • Large Lakewood Sports Bar Location
    #6118
    Large Lakewood Sports Bar Location
    Monthly Rent:  
    $8,000
    Square Feet:  
    5,198
    Available
    $275,000
  • Pierce County Cash Cow Bar & Grill
    #6136
    Pierce County Cash Cow Bar & Grill
    Monthly Rent:  
    $6,486
    Square Feet:  
    2,736
    Available
    $550,000
  • Highly Profitable Restaurant/Bar – Kitsap County
    #6137
    Highly Profitable Restaurant/Bar – Kitsap County
    Lease:  
    expires Aug. 2028
    Monthly Rent:  
    $2,631
    Annual Revenues:  
    $900,000
    Annual Adj. Net:  
    $145,000
    Square Feet:  
    2,500
    Available
    $360,000
  • TRADITIONAL “OLD SCHOOL” BAR WITH REAL PROPERTY IN ANACORTES
    #6162
    TRADITIONAL “OLD SCHOOL” BAR WITH REAL PROPERTY IN ANACORTES
    Annual Revenues:  
    $359,723
    Annual Adj. Net:  
    $102,607
    Square Feet:  
    2,000
    Available
    $1,250,000
  • Well Known Snohomish County Bar & Grill
    #6168
    Well Known Snohomish County Bar & Grill
    Lease:  
    Expires 2030
    Monthly Rent:  
    $4,618
    Annual Revenues:  
    $2,300,000
    Square Feet:  
    4,250
    Available
    $995,000
  • Quick Serve Restaurant with Drive Thru
    #6172
    Quick Serve Restaurant with Drive Thru
    Monthly Rent:  
    $4,600
    Square Feet:  
    1,400
    Available
    $259,000
  • South Sound Craft Beer Taproom and Bottleshop with Big To-Go Sales
    #6176
    South Sound Craft Beer Taproom and Bottleshop with Big To-Go Sales
    Monthly Rent:  
    $3,400
    Annual Revenues:  
    $600,000
    Annual Adj. Net:  
    $99,000
    Available
    $299,000

Terms Of Use     © 2022 Powered by BBMT Inc.