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First Class Wine and Cheese Bar Fantastic Area Top Rated!


Business Description

This wine bar brings a unique wine experience to the Tampa market. They focus on unique and not widely available small-producer wines. The wine list covers many varietals, regions and price points ensuring there are selections for all palates to enjoy and explore. The core business is on-premise food & wine sales with opportunities for several other revenue pipelines. The “unique” aspect of the model is executed by focusing on several aspects of the business. Current owners Do Not work the business cash flow is based on working owner/operator replacing staff.

The service – they employ a team of Sommeliers who are extremely knowledgeable about wine making education a big component of the service. They have established a very high level of credibility, which leads to a strong regular customer base who often leave their drinking choices to the Somms without question. The community knows they are the place to go when you want to drink wine served by Somms, who can explain anything from climates in the wine region they are drinking to the best food pairings.
The food – The food is all wine-centric and thoughtfully created to suit very dynamic wine pairings. Whether you like whites or reds, they strive to create tapas-style dishes that can pair with both.
The greater approach – The approach is a greater idea that connects the different aspects mentioned. The wine bars have a casual approach at the surface, i.e. no reservations, no dress code, etc. which makes the consumer feel comfortable in what can seem like a pretentious topic (wine) if one is not very educated. Yet this “casual” feeling is backed by a fine dining level of experience, knowledge, and delivery. This executes an ‘under promise and over deliver’ feeling met by the consumer and what continues to build their credibility as the go-to wine venue. Restaurants may have a Sommelier on staff that curates the list and can be requested, yet it is all too common that you ask your server a simple wine question and they haven’t the slightest clue. Here at the wine restaurant, every single person you interact with can deliver. This business will NOT qualify for E2 Visa.

****Important**** All buyers must complete either the attached NDA or request an electronic one. Buyers who complete the buyer's profile and financial statement will receive priority. We sell 100's of businesses and want to make the best fit for both buyers and sellers. No information including location, financials, name of business will be released without, at minimum, a signed NDA.


Listed By: Pete Harrison

Background information

Reference:

8998-00128

Reason selling:

Seller will discuss with buyer.

Operations

Employees:

2

Inventory:

$12,000 Included in price.

Furniture fixtures and equipment:

$20,000 included in price.

Premises

Facility:

Located in high traffic area in major retail plaza with lots of foot traffic. Expert attention to detail on this beautiful build-out. Some assets include MGF8404GR — 72.Undercounter Refrigerator. In kitchen – food cooler. MBB48GGR — 48 Back Bar Cooler with Glass Doors. Open ared wine cooler under the bar. MBB90GGR — 90 Back Bar Cooler with Glass Doors. Back bar. Sparkling/white wine. MBB69GGR — 69 Back Bar Cooler with Glass Doors. Under bar – beer & waters. Wine Enthusiast Vino View Wine Coolers (3) Avantco HEAT-1836 Full-Size Heated Holding Cabinet

Location:

Tampa, FL

Opportunities

Growth:

Marketing and Promotions: Utilize social media effectively: Showcase your wine list, events, and atmosphere. Engage with your audience by responding to comments and running promotions. Partner with local businesses: Collaborate with restaurants, hotels, or event planners to cross-promote your services and reach a wider audience. Offer loyalty programs: Reward regular customers with discounts, special events, or exclusive offerings. Consider offering happy hours, wine flights, or special promotions: This can attract new customers and keep existing ones.

Market:

Tampa's wine bar scene is thriving, and with that comes a natural level of competition among establishments. This competition benefits patrons by driving innovation and improvement in various aspects: Selection: Wine bars are constantly seeking to curate unique and interesting wine lists, offering a diverse range of varietals, regions, and price points to cater to different preferences and budgets.

Price and terms

Price:

$99,000

Down payment:

$49,000

Financing:

YES. with only 49K down seller will consider financing remainder over 24 months @ 8%.

Training:

Seller is happy to stay on for 1-2 weeks for smooth transition to new owners.