PITTSBURGH, Pennsylvania
| Asking Price |
$1,125,000 |
Year Established |
2023 |
|
| Annual Revenue |
$1,417,901 |
Reason for Selling |
The business has changed its focus and long-range goals. |
|
| Annual P/L |
$0 |
Attention |
Rick Carlson |
|
| Annual Cash Flow |
$413,401 |
Listing Number |
984801 |
|
| # of Employees |
1 |
Business Category |
Wholesale/Distribution: Durable Goods |
|
Business Overview:
The Company’s authentic Tequila, produced in the heart of Mexico, has quickly made a big impression in the marketplace. In a short time, it has enjoyed brisk sales thanks to its unique taste profile and distinctive packaging details.
The Sellers initially planned to develop and launch a full line of spirits and market them nationwide. Over time, they began entertaining requests for private-label beverage brands, and eventually, the business became a service-based agency solely developing brands for third-party clients.
The Sale will include the award-winning formula, ingredient suppliers, brand name, trademark, label and logo rights, packaging design, TBB approval, list of buyers, distribution network, and online assets.
In less than a year, the Company has sold more than 4,000 cases, brought in more than $2,000,000 in revenue, and created a healthy net profit.
According to trade reports, industry-wide revenue has been growing at an average annualized 1.6% over the past five years. Additionally, whiskey and tequila are leading the premiumization trend, with more premium and super-premium options for these liquors hitting the shelves through the end of 2023.
NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>Facilities: Not applicable<br></p>
Market Competition and Expansion:
<p>Competition: Wide competitor differences - in terms of size, resources, product quality, and craftsmanship - make it possible for newcomers to be successful. With the recent meteoric rise of tequila – a 7.9% increase over the previous year alone, it is a good time to get in.<br><br>Growth & Expansion: There is much room for growth with this young brand. To date, no brand-specific social media accounts have been created. The Sellers also recommend working alongside them to utilize every resource and asset they have created to this point. Going to trade shows, facilitating tastings, and building new relationships will also help.<br></p>
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