Business For Sale

Wine Boutique

Not Disclosed, FL
Leon County

Leon County

Asking Price: Annual Revenue:
$185,000 $348,827

Food & Beverage: Bars, Clubs, Nightspots

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RE: Wine Boutique Broker: John Kraft

Quick Facts

Asking Price: $185,000
Annual Revenue: $348,827
Net Profit: Not Disclosed
Cash Flow: $92,769
Total Debt: Not Disclosed
FF&E: $98,551
Real Estate: Not Disclosed
Year Established: 1992
Employees: 5
BBN Listing #: 56034955
Broker Reference #: 1017-13555

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Business Overview:

WINE SHOP/BAR FOR SALE. Trendy Tallahassee Boutique Wine Bar with everything in place. Two shops in one: Great Wine Shop with a Trendy Wine Bar. Local favorite for the best selection of fine wines in the area. Wine specialists provide personalized service and expertise in wine selection and assistance with food pairings for all venues, including weddings, birthdays, anniversaries, parties and corporate events. Wine tastings are regularly scheduled. On site wine bar offers ideal atmosphere to gather and enjoy wine by the glass, artisanal cheese and charcuterie, flatbreads and small plates which complement each wine selected. This one of a kind wine shop has become a premier venue for live jazz and other genres. Perfect turn-key deal for any wine loving entrepreneur.

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Property Features and Assets:

This fine wine shop is the only dedicated wine retail shop and wine bar in Tallahassee! Located in Tallahassee’s northeast corridor in a trendy well-established upscale boutique shopping area with front door parking. This shop is very attractive and inviting. Having been located in the same very desirable location for over 20 years, this shop is a landmark destination for a discerning customer base accustomed to exemplary customer service, excellent wine inventory and personalized attention. Wonderful layout with a wine loft which offers selected cheeses, appetizers and wine by the glass. Great place! Assets = $143,551

Market Competition and Expansion:

This shop offers unparalleled customer service…unique in this town of impersonal "big box" competition! Customers seeking fine wines prefer to shop in a store such as this with a knowledgeable staff of wine specialists expert in wine selection. Plus, no other wine outlet in Tallahassee has "selected cheese" and appetizers along with a wine by the glass casual bar experience to match the ambiance in this wine shop! The owner lives about 70 miles north of this boutique wine shop. Because of this, he has had virtually no time to network in the Tallahassee area. He does not belong to any networking or chamber groups. A new owner living in the Tallahassee area could easily broaden the marketing, promotion and networking efforts. Also, better use of social media and some overt marketing efforts, such as mail outs to upscale addresses. Selective advertising on radio could be targeted and would increase the awareness of this unique store. Changing the menu to offer additional food items with proper kitchen changes would broaden the appetizers well as advertising on radio and television would greatly increase awareness as well as revenue. The layout is already in place, and a new owner could better. The seller has owned this store for over 2 years and has already increased revenue substantially over the previous owner's sales. If a new owner can spend adequate time with networking groups, leads groups and at chamber functions, sales will increase accordingly.

Reason for Selling:

Buying an out of state farm.

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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