Established Retail Wine Shop
Location North Carolina,United States
Asking Price Range $250K - $500K
Gross Revenues $875100
Net Profit / Cash Flow $76400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 4 - 5
Inventory 5000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide adequate training and support to new owner(s).
Reason for Sale Retirement.
Description Listed by Enlign Business Brokers. Email or call Jeff Snell at 919-341-1100. Listed Price: $275,000.
Rare opportunity to purchase an established and profitable retail business with excellent profit margins in an enjoyable and social industry where national and international travel is a legitimate business expense!
Business retails beer, wine, and related accessories and products carrying 1700 wines in stock, 400 of which under the popular $10 price point. Business also offers products online via thier website.
Historical Summary: The business has a 20 year track record of steady profits and growth. Located in the same center the entire time the business has brand recognition and is frequented by regulars and visitors to the center on a daily basis.
Owner Qualifications: Owner must have basic understanding of business ownership including marketing, accounting, customer service, and posess or be willing to acquire understanding of the history, manufacture, and unique tastes of wine, beer, and other products from around the world.
Competition: Big Box retailers had a negative impact on sales in 2004 and 2005. 2006 and 2007 sales have rebounded as clients have returned and area neighborhoods continue to grow.
Potential for Growth: This business has a strong sales history and loyal customer base. 2007 is already trending higher than a good 2006. New owners may incrementally fuel growth by holding additional events, increasing marketing, or introducing new promotions. Additional hours could be added. New owners have opportunity to significantly increase online sales. Contact for more information on this Retail Wine Shop for sale.
Click Here To Contact Seller
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