Hot Listing

Turnkey Beer & Wine Store + Restaurant/Cigar Lounge/Event Venue-Ohio

Asking Price$1,400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$3,200,000

Inventory$400,000
Not included in asking price
FF&E$1,000,000
Included in asking price
Real EstateNot Disclosed

Retail
Retail
Restaurant & Bar
Coolers
The Loft (event center)
Retail
Cigar patio
Walk-in cooler
Cigar Retail
Covered Patio
Outdoor patio
Retail
Save1/12
Hot Listing

Turnkey Beer & Wine Store + Restaurant/Cigar Lounge/Event Venue-Ohio


Asking Price$1,400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$3,200,000

Inventory$400,000
Not included in asking price
FF&E$1,000,000
Included in asking price
Real EstateNot Disclosed

Business Description
Turnkey Operation w/ $1M+ in Infrastructure, Absentee-Owned
Red Wine & Brew – Mentor is a rare, high-performing hospitality concept combining a beer & wine retail store, full-service restaurant/bar, private event venue, and cigar lounge — all under one roof.

Customers can shop alcohol products from the retail store and enjoy it on-site, thanks to a unique layout that blends retail and dining seamlessly. The restaurant holds a full liquor license (hard liquor for on-site only; beer/wine available for takeout). A covered cigar patio with a unique cigar selection adds a niche, upscale edge that draws customers from far and wide.

CONFIDENTIALITY NOTICE
THIS IS A CONFIDENTIAL SALE – DO NOT CONTACT STORE STAFF OR VISIT THE PREMISES REGARDING THIS LISTING. EMPLOYEES ARE NOT AWARE OF THE SALE – ALL INQUIRIES MUST BE DIRECTED TO OWNERSHIP.

DO NOT DISTURB DAILY BUSINESS OPERATIONS.

-Approx. $3.2M in annual sales:
-Retail: approx. $2M
-Restaurant/Bar: approx. $1M
-Events/Catering: approx. $200K

Included in the asking price is $1M+ in infrastructure — walk-in coolers, wine racks, two commercial kitchens, bar/catering equipment — making this an attractive, turnkey opportunity.

-Asking Price: $1.4M + inventory
-Cash buyers only – no seller financing
-Real estate not included (rent negotiable with favorable terms)
-Serious, qualified buyers only – no brokers

Reason for Selling:
Owned by partners with other business/investment interests, including a doctor, who lack the time to manage day-to-day operations. With approx. $800K in payroll, a family-run owner/operator can cut labor costs and boost profitability.
About the Business
Years in Operation
11
Facilities & Assets
Spanning 16,000 sq ft, the business includes a 10,000 sq ft retail store, 3,000 sq ft full-service restaurant with bar, and 3,000 sq ft event venue. Features include two full commercial kitchens, $800K+ in custom beer coolers, wine racks, POS, and catering equipment. Banquet space is fully built out with furniture, lighting, and AV. Truly turnkey with premium infrastructure.
Website
https://redwineandbrew.us/mentor/
Market Outlook / Competition
Located in a high-traffic, growing area of Mentor, Ohio, this business draws daily foot traffic from three nearby cities. There are few competitors offering a one-stop experience combining premium beverage retail, restaurant, and events. Strong brand recognition and loyal customer base make this a standout operation in the local market.
Opportunities for Growth
Massive upside for an owner-operator to reduce payroll and increase margins. Expand catering services, promote The Loft for more events, and launch delivery or online wine/beer orders. Strong demographic growth in the area supports continued demand. With over $3.2M in sales and built-in infrastructure, buyer is gaining major value at below replacement cost.
About the Sale
Seller Motivation
Pursuing other business interests and stepping away from day-to-day operations.
Transition Support
Owner will provide up to 4 weeks of training to ensure a smooth transition, including introductions to key vendors, systems, and processes. Staff is already in place and cross-trained. Ideal for a family-run buyer or investor seeking a plug-and-play operation.
Financing Options
Cash buyer only. Rent negotiable. Real estate not included.
Listing Info
ID
2397602
Listing Views
2444
Business Location

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Business Listed by: Hinal Patel

Listing ID: 2397602 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.