Gathering Place for Wine Lovers
Price: $469,000
Location: Hickory, NC
Industry: Restaurants and Other Eating Places
Listing ID: 8082056
Listing Status: New
In the heart of the charming town of Hickory sits a tremendous opportunity for the wine enthusiast. With multiple revenue streams, a diversified customer base, and prime real estate, this business is poised for continued, profitable growth. For over a decade, this business has established a devoted clientele of retail, food, and beverage patrons.
After extensive renovations and fine tuning of the operations, this business has become a vibrant gathering place for wine lovers. As the surrounding area continues to grow and gain national attention, this business is well positioned for a new owner to capitalize on opportunities in this fast-growing market.
This opportunity is ideal for entrepreneurs looking to put their stamp on an established brand as well as investors looking to bring a bit of turn-key class and creativity into an existing portfolio.
Highlights:
- Profitable business with consistent revenue growth
- Well-documented systems and processes
- Bespoke interior up-fit with custom furniture, decorations, and equipment
- Class-A real estate
- Negotiable long-term lease with options
- Stellar reputation and reviews
- Rapidly growing city gaining national attention
Total Sales: $1,018,466
Cash Flow: $152,000
Inventory: $126,000
Inventory Included: No
Year Established: 2012
Year of last Acquisition: 2019