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- RE: Unique Wine Importer/ Distributor
- Contact: Solomon Sasson
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $675,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $197,300 | |
Total Debt: | Not Disclosed | |
FF&E: | 25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 3 | |
BBN Listing #: | 73522979 | |
Broker Reference #: | 12960SS |
Business Overview:
Unique importer/distributor of draft wines in kegs which is a new trend to serve wine. Also, sell bottled wine of their own brand and represents other brands. Just acquired distribution of two national brand wines. Has two out of state distributors, sells to ShopRite and over 100 restaurants, bars, and wine shops. 2020 sales were $800,000. Sales in 2021 were $1,000,000. In 2022 sales were $675,000 due to losing one distributer. However, in 2023 the business is expected to do over $1,000,000. Due to new national brands, selling soda waters to Soho hotels, expected New Jersey law for wine and beer licenses to all restaurants. Will consider partnership!
Hours of Operation: Monday - Friday (10am-4pm)
Financing: Yes, $350,000 5% interest
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Market Competition and Expansion:
None Around.
Reason for Selling:
Moving
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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