Business Overview:
Extremely Profitable Boutique Wine Shop with Online Sales Shipping Throughout USA; SBA Pre-Approved
RRC#: 4243
Asking Price: $999,900
Location: San Francisco
Annual Revenue: $1,598,228
Annual Cash Flow: Contact for Info
Monthly Rent: $3,165
Expiration: December 2023 - Negotiable
Listing Description:
Long standing and well reviewed boutique wine shop in San Francisco for sale which has been pre-approved for an SBA loan. The shop has been in business since 2005, and specializes in high-end California wines. The shop receives special allocations from some of the finest wine producers in Napa, Sonoma, Santa Barbara and Paso Robles.
97% of sales come from shipping wine to customers across the United States and beyond, which means a new owner could move the business if they chose to or continue to operate at the current location. The average wine order is approximately $700. The business has a very strong email marketing campaign and online ordering sales. Prior to covid, the wine shop hosted weekly wine tastings which have since moved to Zoom. A new owner could reinstate in-person tastings.
The business enjoys very low overhead, with rent at $3,165/month, and low labor costs. The owner works in the business full-time, and has an IT guy for the online website, email marketing and social media and one additional employee who works 16-20 hours/week. Revenue has been very consistent over the past three years: 2019 = $1,464,479; 2020 = 1,524,475; 2021 = 1,598,228. Inventory is estimated at $200,000 and would be in addition to the purchase price.
Fore more information on this gem of a business please complete an nda online or contact us.
General Information:
Organization: Contact for Info
Year Established: 2005
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $133,185
Monthly Cash Flow: $37,001
Annual Revenue: $1,598,228
Annual Cash Flow: $444,005
Annual Payroll: Contact for Info
Facilities:
Square Feet: 1,100
Seating: N/A
Parking: Street Parking
Days/Hours of Operation: 6am - 3pm Monday - Friday
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Property Features and Assets:
Square Feet: 1,100
Seating: N/A
Parking: Street Parking.
Reason for Selling:
Other Interests.
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.
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