Listing Number: 6401-235154
Description
Extremely-popular and highly-visible Gallery, Wine Bar and Lounge with strong social media base and recognition in New York, Miami, and Palm Beach. Located in an elevated art gallery and wine bar hybrid setting, created by an international designer who has completed numerous projects in New York City, Palm Beach, and The Hamptons. An Instagram-worthy experience featuring globally-curated Art, Interior Decorations and Furnishings, and a lush tropical garden, allowing for a variety of seating experiences, all in a sophisticated, comfortable atmosphere. Entire Gallery inventory and furnishings included, plus owner buildout improvement investment of over $700000, designed using only the finest materials, including limestone floors, French plaster walls, and solid brass fixtures, as well as completely-custom features including a state-of-the-art visual digital media installation projecting on a custom 22-foot stone counter with seating for 10. Handsomely appointed wine library, French galley coffee station, and bespoke designer washrooms. Sommelier-curated world class wines, perfectly paired each day in a boutique kitchen, by top level chefs creating popular international small plates along with signature cheese and charcuterie. Owner is a renowned artist and designer who has created an atmosphere guests have been enjoying and gathering in for over 3 years, earning a top 10 review status within the first 2 years. Gallery operating year round, and wine bar currently operating seasonal 6 months November to April, 3 days/week, with strong consistent YoY revenues. Gallery revenues not included in BLI. Contact Broker for details. Wine Bar schedule easily can be expanded throughout the year to more evenings and lunchtime, as regularly requested by many customers, creating additional revenue and profit growth potential. Seller motivated has other interests.
Listing Details
- Price: $ 220,000
- Down Payment: $220,000
- Sellers Discretionary Earnings: $ 212,504
- Total Sales: $ 484,603
- Location: Palm Beach County, Florida
- Inventory: $ 391,000
- FF&E: $ 140,000
- Employees: 8
- Year Established: 2020
- Reason for Selling: Other Interests
- Category: Liquor Related Biz
