Listing Number: 60270-673046
Description
We are pleased to present a rare opportunity to acquire a long-standing fine wine business accompanied by real estate and a full restaurant liquor license. Established in 2009, this destination has become a trusted favorite among both collectors and casual enthusiasts alike, offering a well-rounded inventory of over 22,000 bottles across 2,000–3,000 SKUs. The collection features highly sought-after collectible wines alongside an excellent selection of everyday varietals at approachable price points, appealing to a broad range of customers.
Housed in a historic 1892 building that underwent more than $1 million in renovations in 2011, the nearly 4,000 sq. ft. property features elegant architectural details, copper roof accents, and modernized infrastructure. The facility includes a fully equipped commercial kitchen, flexible retail and event space, and a full liquor license with Sunday and 2 a.m. privileges—ideal for tastings, dining, or private events. The real estate value is based on comparable local sales, including the former Key Bank building at Corbly and Beechmont, offering strong market relevance and long-term investment security.
The business has maintained steady annual revenues in the $230K–$300K range since the pandemic, with ownership focused on maintaining quality and reinvesting in operations. There remains significant upside potential for a new owner to expand by reintroducing wine tastings, adding a food service or chef partnership, and leveraging the space for events and private functions—all of which could substantially increase sales and engagement. Strong goodwill, an established clientele, and deep community roots make this an ideal opportunity for a passionate wine connoisseur or investor seeking a turnkey business with a rich history and outstanding potential.
Key Business Features
Established Reputation: In operation since 2009, supported by loyal clientele and strong community presence.
Prime Real Estate: Nearly 4,000 sq. ft. historic property with $1M+ in renovations; value supported by local comparable sales.
Liquor License: Full restaurant license with Sunday and 2 a.m. privileges.
Extensive Inventory: Over 22,000 bottles across 3,000 SKUs, from collectible vintages to accessible, everyday wines.
Event & Dining Potential: Fully equipped commercial kitchen and dedicated space for tastings, events, and private functions.
Consistent Revenue: Historical sales between $230K–$300K annually with clear opportunities for expansion.
Growth Opportunities: Reintroduce tastings, partner with a chef or food concept, and expand event programming to enhance profitability.
Strong Goodwill: Respected name, longstanding relationships, and trusted reputation among wine lovers and the community.
This opportunity won’t last! Contact us today to learn more!
The real estate associated with this business sale is represented by Coldwell Banker Realty, a licensed real estate brokerage in the state of Ohio. This advertisement is not generated by the real estate Brokerage.
Listing Details
- Price: $ 1,900,000
- Down Payment: $1,900,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 225,000
- Location: United States
- Inventory: $ 828,000
- FF&E: $ 150,000
- Employees:
- Reason for Selling: Retirement
- Category: Retail Miscellaneous
