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Retail Wine Shop For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1050472
Net Profit / Cash Flow $101933
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 6 - 9
Inventory 36000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Will train for 4 weeks at no cost
Reason for Sale Pursuing other interest
Description This retail wine shop carries a vast selection ensuring there is something for everyone, whether the customer is seeking a collectible wine, a gift or just looking for a great wine to drink. It is their goal to search the world for the best quality-to-price ratio wines. Additional selections are offered on the company web site. There is a wine bar which includes a great selection of craft beers, an artisan cheese section where they cut the world's finest cheese to order, and climate-controlled wine storage. Wine tasting events are also held on a regular basis.
The business has been operating since 1994 in the same location. Current ownership has invested nearly $115,000 in leasehold improvements in order to expand the list of products and services offered. The company owns and maintains a list of around 2,200 customers to which emails are regularly sent to.
Owners also enjoy wine industry insider benefits including unlimited complementary tastings and tours at any winery as well as complimentary lodging at a variety of wineries that operate guest facilities. In addition to wine country benefits, several dozen industry tasting events take place in the Southern California area on an annual basis that is also free to attend.
The purchase price does not include inventory which is approximately $75,000 at cost.
*** Please respect owners request that all requests for information go through the Business Broker, do not inquire at place of business! ***
Selling price $325k Contact Jim Span, DRE #01890142 at 760-994-0064.
Click Here To Contact Seller
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