Established Wine Store For Sale
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $397984
Net Profit / Cash Flow $45318
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 73479
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training.
Reason for Sale Personal.
Description This for sale is a group of three well established fine wine stores in affluent areas of VA, MD and DC. Known for their outstanding selection of wines, knowledgeable and dedicated staff these stores are a great national franchise material. The VA store was relocated in 2010 to an improved position in the same shopping center.
It's performance has been bolstered with a strong program of food and wine events featuring local chefs and regional winemakers. This is a very attractive venue for wine and beer tastings, social events, fundraisers. It is the flagship of the trio with it's fine selection of wings and beer.
The stores business is based around weekly Friday and Saturday food and wine tastings and events offered in conjunction with sale promotions; weekdays group wine events, special key note speakers and food and wine classes, all implemented to customers through weekly e-newsletter. Will assist the buyer with wine orders, staff training, event planning as need arises.
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