Details
Asking Price: |
$90,000 |
Annual Sales: |
$350,000 |
Cash Flow: |
N/A |
Inventory: | $125,000** |
FF&E: | Included |
Real Estate: | N/A |
Employees: | 1 PT Owner 1 FT/2 PT |
Location: | Colorado |
Reason For Sale: | Other Interests |
*Included | ** Not Included |
Business Description
This boutique wine distribution business sells a wonderfully curated selection of wines imported to Colorado exclusively for them. The wines range from high end fine vintages to outstanding value wines.
This young business has grown dramatically from $40K in its first year of sales to $350K in its second full year. Over 150 solid accounts have been secured in this time. The accounts range from family owned and operated bistros to nationally famous restaurants, and from small, neighborhood wine shops to mega liquor stores, all in the Front Range geography.
This business is perfect for a number of different buyers. These include an existing distributor who could benefit from the warehouse, customer base, and access to a carefully selected wine portfolio with vintages not available elsewhere in the state. Another likely new owner would be a wine-centric restaurant which would be able to obtain excellent margins internally, have access to inexpensive warehousing, and use the sales to existing accounts to cover their costs.
And naturally, this could be a dream business for a knowledgeable wine lover.
Please note that while significant upside exists with this company, it is a young business which has been growing rapidly, but just achieved break-even status.
Represented by Suzanne De Lucia. Tell me more about this business.