One of NYC's Top Wine Stores for Sale

Asking Price$2,200,000

Cash Flow
$450,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,850,000

Inventory$400,000
Not included in asking price
FF&E$250,000
Included in asking price
Wine Class w/ArPePe
Front of Store
Known for eccentric Spanish reds
Front cashier
New World Aisle w/Lots of Natural Wine
One of many kids classes with wine tastings (for adults)
Wine Class w/ArPePe
Front of Store
Save1/6

One of NYC's Top Wine Stores for Sale


Asking Price$2,200,000

Cash Flow
$450,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,850,000

Inventory$400,000
Not included in asking price
FF&E$250,000
Included in asking price
Business Description
One of NYC's best wine stores, featured in NY Times "How to Pick a Wine Store." This artisinal establishment serves one of the more eclectic displays in the city with a focus on old world wines with an extreme focus on the Canary Islands, Corisca, Sicily and Beaujolais. Established website delivers all over the country with further 10,000 person newsletter list gifted to the buyer.

New buyer will have a grand opportunity to grow within the Village by doing further online adventures and partnering to establish wine classes and events.
About the Business
Years in Operation
10
Employees
5
Franchise
This business is an established franchise
Facilities & Assets
10,000 person newsletter
Established website
Events space with contacts for established events
Opportunities for Growth
Prior to Covid store was doing 1-2 events per week in all formats: corporate, singles, massive monthly tastings, etc. New owner will have golden opportunity to reestablish events with one of the largest and coolest events spaces for a wine store in NYC
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,700
Rent
$15,500.00 per month
Lease Expiration
1/1/2034
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will stay on site to train for as long as buyer needs.
Financing Options
Depends on cash offer or not
Listing Info
ID
2329919
Listing Views
1049

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Business Listed by: Jeremy Block

Listing ID: 2329919 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.