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Franchised Wine Kits Retailing Business
Location Alberta,Canada
Asking Price Range < $250K
Gross Revenues $339515
Net Profit / Cash Flow $57346
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 1 - 3
Inventory 37000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The owner will stay to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description Perfect for absentee owner. The seller is semi retired and does not involved in the day to day operation of the business. SDE can be as high as 100k/year for an owner operator!This is a well known franchise based wine and beer making kits retail business for sale in greater Edmonton area. This is an excellent opportunity waiting for a new owner. The business retails award winning private branded wine kits, beer kits and wine making tools and equipment. The company has a very favorable franchise agreement, as it was one of the first franchisees in Western Canada. Established in 1995 and franchised in 1997, the business has a loyal list of frequent customers and the owner has kept meticulous records of customer list and their purchases over the years. The current owner has set up a loyalty program, monthly newsletters, wine making class for beginners and provide technical speaking about wine making to local communities and other marketing activities. Some of the marketing activities requiring personal involvement of the owner were discontinued in the last few years when the owner semi-retired and started spending a significant amount of time South. A new owner who is passionate about wine making can re-establish some of these programs and use the information from the customer records for targeted marketing to increase sales.The price includes a 10 years franchise term (5 years term with 5 years renewal option at no cost). The price does not include inventory, which range from $25,000 to $40,000 depending on season. A new franchisee has a one time discount on initial inventory purchase from the franchisor.
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