Upscale Wine Shop With Exquisite Build Out
Location Georgia,United States
Asking Price Range $250K - $500K
Gross Revenues $745000
Net Profit / Cash Flow $98000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory Inventory of $90,000.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owners will train and transition new leadership.
Reason for Sale Relocation.
Description This gorgeous wine shop (no beer or liquor) is in a prime location in the heart of one of Georgia 's finest college towns. The shop has been in operation for 3-years and is a consistent and profitable business with tremendous growth potential. That potential can be realized by taken this concept and duplicating its success in other cities. The concept can also easily be developed into a franchise model.
A perfect opportunity for an experienced wine merchant to expand the business into a new market or a passionate individual to run an enjoyable business in a relaxed environment.
Set-up for success, this shop is located in a shopping center two doors down from the busiest Kroger Grocery stores in the area. The shopping center is centrally located within the city and is truly in the heart of the premier shopping district. It is a mere stones throw from a major university and is surrounded by some of the most affluent neighborhoods in the area. The store itself is absolutely beautiful with hardwood floors, custom cabinetry, soothing colors and locally made light fixtures and artwork. The space is immaculate and the shopping center itself is only three years old and in pristine condition.
The space is 1970 square feet with 1100 of the square feet dedicated to retail space with the balance dedicated to office and storage. Lease is based on 5-years with a 5-year option at $22.00 per square with current rate at $20.00 per square foot.
The wine shop has an email distribution list of over 1500 customers and a POS system that is state of the art with Customer Relationship Management software built in and a full inventory of real time reports.
Annual gross revenues of $745,000 with EBIT of $98,000. This opportunity is priced at $299,900 which includes inventory of $90,000. SELLING PRICE $299,900. Email or call Eric Gagnon at 404-593-4193 - Listing # M6250 - for more information on this Wine Shop for sale.
Click Here To Contact Seller
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