Property Description
In the "Heart of Downtown Merced"! Here is a turn-key opportunity to purchase an established restaurant/wine bar with Furniture, Fixtures, Equipment (FF&E) and a fully operational commercial kitchen in the growing City of Merced. Vinhos Wine Lounge & Tapas Bar is located in one of the most active & vibrant blocks in Downtown Merced and almost adjacent to the Regal Hollwood Theater! This is also a very high traffic corridor with many other retail opportunities, restaurants, hotels, apartment living, and entertainment venues! This beautiful establishment was done with the utmost care and attention to details. Almost all furniture, features, equipment and inventory are included. All of the Tenant Improvements have been done making this opportunity truly a turn-key business. The brand name could also be included providing an excellent upside opportunity for marketing and growth. You also have the opportunity to include all existing wine club memberships in this purchase for steady revenue! The City of Merced is one of the fastest growing communities in the state and the growth is attributed to California’s newest university known as UC Merced. Merced’s population is nearing 100,000 and the growth has been much faster than the state’s average. Merced is also known as the “Gateway to Yosemite” and is less than a two hours’ drive to the national park. The Community of Merced is served by Amtrak, Merced Airport, bus lines, the soon to come Ace-Rail and a future downtown hub for the California High Speed Rail. You also have the flexibility to negotiate your own lease terms with the Landlord! Let this be your change to have your own business and implement your business skills!