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Business For Sale
WINE SHOPPE WITH 20 YEARS EXPERIENCE
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Asking Price: |
$275000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Reason for Selling:
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Retirement. |
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Year Established:
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1987 |
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# of Employees:
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5 |
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Yearly Revenues:
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$875,100 |
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Yearly Cash Flow:
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$76,400 |
Business for Sale Overview:
Rare opportunity to purchase an established and profitable retail business with excellent profit margins in an enjoyable and social industry where national and international travel is a legitimate business expense! Business Description : Business retails beer, wine, and related accessories and products carrying 1700 wines in stock, 400 of which under the popular $10 price point. Business also offers products online via their website. Historical Summary:
The business has a 20 year track record of steady profits and growth. Located in the same center the entire time the business has brand recognition and is frequented by regulars and visitors to the center on a daily basis. Owner Qualifications : Owner must have basic understanding of business ownership including marketing, accounting, customer service, and process or be willing to acquire understanding of the history, manufacture, and unique tastes of wine, beer, and other products from around the world.
Property Features and Assets:
Facilities / Location Description: Popular strip center on major road with substantial anchor tenants. Low turnover and high occupancy. Potential for expansion in current bay.
Market Competition and Expansion:
Competition: Big Box retailers had a negative impact on sales in 2004 and 2005. 2006 and 2007 sales have rebounded as clients have returned and area neighborhoods continue to grow. Potential for Growth : This business has a strong sales history and loyal customer base. 2007 is already trending higher than a good 2006. New owners may incrementally fuel growth by holding additional events, increasing marketing, or introducing new promotions. Additional hours could be added. New owners have opportunity to significantly increase online sales.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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