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Asking Price$180,000
Revenue$372,480 Established2007
Cash Flow$50,703 Employees4 part-time
FF&E$92,111* FranchiseNo
Inventory$55,920 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Offering wines, beers and gifts in a relaxed setting, this specialty retail store has everything a wine lover needs. Located in Northeast Nebraska, doing $372,480 in Sales in 2015 this business is offering bi-monthly tasting events in the store, customers are introduced to and have the ability to taste new wines. In-home tastings are also available, and occur twice a month on average. The business is doing a “Winery of the Month” which is selected and featured throughout the month, there are then specials including products from that specific Winery in which draws in traffic from regulars as well as individuals who love that Winery of the month. There are currently 50 Wine-of-the-Month Customers and nearly 600 repeat client email list. While guests have their glasses of wine, assorted gifts and wine parings, such as dips and sauces, are also available for purchase; a great upsell to any customer seeking to have a full experience at this Tasting Room. The business comes fully equipped with Wine Racks, Coolers, Wine Chiller, and a Tasting Machine – valuing at $66,683. A Buyer would also receive $55,920 in Inventory. Year over year Sales from 2012 to 2014 are consistent with Cash Flow increasing during that same time period. As overall wine consumption in the U.S. continues to increase, offering classes about wines provides an avenue for growth. The current owner is being an Owner-Operator assisting with the ordering, sales, events, and advertising. Using the Funding Example above and the 2014 annual Cash Flow, a Buyer could have a Net Operating Income after all expenses and loan payments were made of $23,114 in year one.
Facilities:Building: Located on the 2nd busiest intersection in town!
Growth Potential:Wine Classes
Training/Support:90 Days
Seller Financing:15% Seller Financing: $27,000
Sale Reason:Retirement
Ad #78705
Seller Reference #RET013
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
402.998.5288
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