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Business for Sale Overview:

Established store in affluent area, good physical space, large basement storage, easily accessed by conveyor system. Excellent for promotion of wines. Great area to improve sales through marketing efforts, wine tasting for general public, and civic causes, wine tasting connected with local area restaurants. Inventory price of $75,000 is estimated. Cash required is $129,500. Financing: $129,500, 7%, 3-5 years.

Property Features and Assets:

Store is 1,683+/- square feet plus additional basement space for storage. Current term, May 1, 2007- April 30, 2008; $3,218.75/mo. plus Cam of $760.00/mo. May 1, 2008 – April 30, 2009; $3,315.42/mo. Plus Cam of $782.50/mo. The landlord has expressed the desire to enter into a new lease, of between 10-12 years, starting at the rate of approximately $30.00sq. ft. subject to a 3% annual increase. The $30.00 per sq. ft. would be inclusive, eliminating separate cam charges

Additional Details:

• The property is leased.
• The owner may be 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.