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Business For Sale

Upscale Retail Wine Shop and Tasting Bar

Raleigh / Wake, NC

Food & Beverage: Liquor Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$165,000
$709,000
$63,868
$63,868
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1987
3
7566351
Owner Financing is Available!
Seller will provide an appropriate level of financing.

Business 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!

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:

Popular strip center on major road with substantial anchor tenants. Low turnover and high occupancy. Potential for expansion in current bay. Significant investment has been made over the past year in store fixtures, accounting and gift card system.

Market Competition and Expansion:

Big Box retailers impacted sales in 2004 and 2005. 2006, 2007 and 2008 sales have rebounded as clients have returned and area neighborhoods continue to grow. 2009/2010 sales have been strong in relation to the perceived economic conditions. This business has a strong sales history and loyal customer base. 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.

Reason for Selling:

Desire to focus on business closer to residence

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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