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  • RE:  Refined. Respected. A Wine-Lover’s Dream, Decades
  • Contact:  Vince Liuzzi

Quick Facts

Asking Price: $475,000
Annual Revenue: $409,520
Net Profit: Not Disclosed
Cash Flow: $8,263
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1937
Employees: 2
BBN Listing #: 995873
Broker Reference #: 022822-328522

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Business Overview:

Since its founding in 30's, this storied wine merchant has passionately introduced the joys of fine wine to a community long before wine became mainstream. For nearly 90 years, it has remained consistently dedicated to offering unique, high‑quality selections—not waiting for trends to be declared by critics or media, but curating wines that deliver exceptional value and character.

Celebrated by national publications as a top-tier wine boutique, it was even honored as the “Best Wine Shop in Ohio” by a prestigious business journal. The founder‑owner, emphasizes education, conversation, and moderate enjoyment of wine over pretentious analysis. Tastings and personal consultations leave customers both enlightened and delighted.

Premium wine lovers are invited to join a tiered “Connoisseur Club” with Bronze, Silver, and Gold levels. Each offers increasingly refined selections—ranging from entry‑level varietals for new enthusiasts to exclusive high‑end bottles from boutique producers.


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Property Features and Assets:

Monthly Rent
$5.500,00

Square Units (Foot, Meter)
4,400

Lease Expiration Date
January 30, 2029, 9:00:00 PM

Market Competition and Expansion:

The business operates in an historic, affluent streetcar suburb of Cleveland with about 29,400 residents, a median household income around $76,500, and median family income over $105,600—well above the regional average.
It’s noted for its prestigious public school district, high college-educated population, and carefully managed zoning and historic neighborhoods that attract established professionals and families - prime target demographics.
The community has experienced intentional redevelopment anchored around an upscale Suburban District, a mixed-use, transit-oriented redevelopment that replaced obsolete retail sites with walkable residential, retail, and office spaces adjacent to light rail transit—dramatically boosting local foot traffic and disposable income.
Set within an affluent, walkable, redeveloped neighborhood, this business stands out by offering curated wine selection, elevated retail experience, and strong heritage-brand identity. Its niche lies between casual off-license convenience and larger urban wine bars, delivering personalized, educational, and premium-focused services to a sophisticated clientele.
With the new redevelopment district driving new growth and residency, the business is well-poised to scale through local partnerships, elevated experiences, and enhanced membership offerings.


Potential Growth

This business sits at an exciting moment of transformation, nested within a growing and evolving wine market and surrounded by an expanding, vibrant neighborhood. With local redevelopment fueling demand from a younger, affluent clientele, the shop is ideally placed to scale through:

Strategic tasting events, curated pairings, and partnerships with restaurants, co-working spaces, and local venues to attract new visitors and deepen brand presence.

Expansion of wine club memberships and concierge-level services aimed at millennials and early Gen X, who are showing growing interest in premium and narrative-driven wine experiences.

Digital growth via e-commerce platforms and direct-to-consumer subscriptions capitalizes on the ongoing shift in consumer behavior toward online wine shopping and personalized recommendations.

The global and U.S. wine markets are set for sustained premium-led growth, even amid shifting demand patterns. Anchored in a transforming local environment and backed by nearly 90 years of trust and expertise, the business is uniquely positioned to capture consumer interest across both in-person and digital channels. With focused marketing, enriched membership services, and strategic event programming, the next chapter promises powerful growth in an expanding, quality-driven industry.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

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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