Owner Financing is Available
Business for Sale Overview:
Key elements for success in the wine industry: 1) location and access to large demographics. 2) economical occupancy cost, long term. 3) strong clientele for wines. 4) technology with a support system. This has it all, great long term lease with 7,000 sq. ft. at $19.00 a sq. ft. including CAM with 16 years left. Strong Wine business, 55%+ wine sales. Totally wired business can be monitored from anywhere, with state of the art software and accountability. This is a store for the professional wine enthusiast. The business is run absentee by the owner for the past 13 months. Great opportunity for someone passionate and knowledgeable.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
FF&E of $1,200,000 included in asking price. 7,000 sq. ft. Retail Wine shop, superb long term lease with dynamic location near outlet centers. Store is exceptionally well positioned to continue growing its wine business with great Web site and regional exposure as a wine shop offering great selction and value.
Market Competition and Expansion:
No competition in the area , the store captures a market shgare from a 20 mile radius. Growth/Expansion: Store is only 4 years yound and keep a steady growth yearly in wine sales.
Reason for Selling:
Relocation.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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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