Details
Asking Price: |
$217,000 |
Annual Sales: |
$843,000 |
Cash Flow: |
$84,000 |
Inventory: | $143,000* |
FF&E: | N/A |
Real Estate: | N/A |
Employees: | 1 FT 3 FT / 2 PT |
Location: | Metro Denver |
Reason For Sale: | Other Business Interests |
*Not Included |
Business Description
This Company is a well-established wine distributor with a Metro Denver warehouse and a home office. The company’s portfolio of hand-selected wines is exclusively available in Colorado through the company. Customers include nearly 300 retail liquor stores, grocers, and restaurants.
The company has curated a portfolio that offers outstanding value wines that are excellent expressions of their unique terroir. The company represents a combined total of over 20 importers and domestic suppliers with more than 200 SKU’s from wine regions throughout the world.
In the past three years, sales have been steady at over $800,000 annually. During this time, the total financial benefit to the owner (i.e. Sellers’ Discretionary Earnings) has averaged $64,000. The retail value of the company’s inventory is typically around $140,000.
Represented by Phil Loughman. Tell me more about this business.