Charming Wine Bar & Coffee Lounge in Historic Riverfront District

Todd McGreevy
Todd McGreevy
Last updated 

Non-Disclosure & Confidentiality Agreement Link

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  • Location: Eastern Iowa

  • Established: 2011

Background

This is a unique opportunity to acquire a well-established, upscale wine bar and coffee lounge located in a charming downtown district with strong foot traffic in Eastern Iowa. Known for its inviting atmosphere and curated beverage selection, the Business has become a local favorite for both residents and visitors seeking a relaxed, social experience—the business benefits from year-round tourism, local events, and a vibrant small-town culture.

A state liquor license is required to own this Business.

Concept & Offerings
The Business operates as a hybrid wine bar, martini lounge, and coffee destination, offering:
  • Curated wine list with a range of price points
  • Craft cocktails, martinis, and specialty drinks
  • Premium coffee and espresso beverages
  • Member Wine Club (monthly & quarterly)
  • Light food offerings and small plates (expandable opportunity)
  • Retail bottle sales 
The upscale yet approachable concept attracts a diverse clientele—from casual visitors to loyal, repeat customers.

Minimum Business Asking Price: $475,000

  • Includes $30K in inventory (wine/spirits/beer/accessories)
  • Includes $50K in furniture and equipment 
  • Some affixed fixtures such as wine racks and bar tops are exempt from business sale


**Financial Highlights:

  • 2025 Gross Sales: $410K  
  • 2025 SDE: $136K 


Seller's Estimated Property Value*: $400K

  • *Not included in asking price 
  • Approx. 2,300 sq. ft., two-story building with bar/lounge space and retail area

Investment Highlights

  • Established destination in a high-traffic tourist town
  • Multiple revenue streams (retail wine, wine club memberships, coffee, alcohol, and accessories)
  • Strong local reputation and loyal customer base
  • Lifestyle-friendly business model
  • Growth potential through expanded hours, menu, and events

Operations & Facilities

  • Turnkey operation with established brand presence
  • Comfortable indoor and outdoor seating with an inviting ambiance
  • Efficient bar and coffee service layout
  • Strong social media following and community engagement
  • Opportunities for live music, events, and private gatherings

Revenue Drivers

  • Wine, cocktail, beverage, and retail sales, as well as Wine Club Memberships 
  • Coffee and daytime traffic
  • Event-based traffic (holiday walks, local events)
  • Upsell opportunities through food, tastings

Growth Opportunities

  • Expand food/charcuterie offerings
  • Increase private events, tastings, and wine clubs
  • Extend hours or seasonal programming
  • Enhance marketing and regional reach

Staffing: 

  • 4 Part-Time Hourly Employees 
  • 1 Full-Time Salary Employee
  • 1 Part-Time Working Owner

Reason for Selling: 

  •  Retirement 

Next Steps

Qualified buyers who complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including: 
  • Financial Information
  • FF&E List 
  • Inventory List
  • Location Information
  • Location Photos
  • Social Media/Online Presence
  • Next Steps 

Non-Disclosure & Confidentiality Agreement Link



The Seller is advised by Marigold Resources in Davenport, Iowa.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com

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DISCLAIMER: All information contained in this document has been provided by the subject company to Marigold Resources, and while believed to be correct, has not been verified. Accordingly, Marigold Resources makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Marigold Resources shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Marigold Resources of this document. Marigold Resources’ fee is paid by the Seller.