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Asking Price:	$299,900 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Liquor Stores
Reason for Selling:	Other Business interest.
Year Established:	2003
# of Employees:	4
Yearly Revenues:	$745,000
Yearly Net Profit:	$98,000

Business for Sale Overview:

This gorgeous wine shop (no beer or liquor) is in a prime location in the heart of one of Georgia ’s finest college towns. A perfect opportunity for an experienced wine merchant to expand the business into a new market or a passionate individual to run an enjoyable business in a relaxed environment. The space is 1,970 sq. ft. with 1,100 of the sq. ft. dedicated to retail space with the balance dedicated to office and storage. Lease is based on 5-years with a 5-year option at $22.00 per square foot with current rate at $20.00 per square foot. The wine shop has an email distribution list of over 1,500 customers and a POS system that is state of the art with Customer Relationship Management software built in and a full inventory of real time reports. Annual gross revenues of $745,000 with EBIT of $98,000. This opportunity is priced at $299,900 which includes inventory of $90,000.00

Property Features and Assets:

The shop has been in operation for 3-years and is a consistent and profitable business with tremendous growth potential. That potential can be realized by taken this concept and duplicating its success in other cities. The concept can also easily be developed into a franchise model.

Market Competition and Expansion:

Set-up for success, this shop is located in a shopping center two doors down from the busiest Kroger Grocery stores in the area. The shopping center is centrally located within the city and is truly in the heart of the premier shopping district. It is a mere stones throw from a major university and is surrounded by some of the most affluent neighborhoods in the area. The store itself is absolutely beautiful with hardwood floors, custom cabinetry, soothing colors and locally made light fixtures and artwork. The space is immaculate and the shopping center itself is only three years old and in pristine condition.

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.