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Asking Price$2,200,000
Revenue$565,000 EstablishedUndisclosed
Cash Flow$156,307 Employees3 full, 15 part
FF&E$400,000* FranchiseNo
Inventory$227,000* RelocatableNo
Real EstateUndisclosed* Home-basedYes
* Included in Asking Price
This is an established and highly regarded winery and distillery providing an assortment of wines, distilled spirits and related products and services. The business is well positioned as the Sellers have laid the ground work to take advantage of several growth opportunities. This is a turn key business with key management and production personnel in place to help a new owner hit the ground running. For more information, please contact Ray Carter, Sunbelt Business Brokers, (612) 238-1280.
Growth Potential:Interest in locally produced wine and spirits is on an upward trend. According to the Distilled Spirits Council, American whiskey sales alone grew by 8.1 percent in 2017, reaching $3.4 billion dollars in sales. Bourbon leads the charge, especially among millennials who are partaking in a growing cocktail culture. Venues that can offer their clientele the full “grapes and grain to the glass” experience are poised to capitalize on this population of consumers who are interested in spending on experiences more than possessions. Through constant innovation, this winery and distillery keeps up with consumer demand by releasing new wines each year and providing an ever-changing mix of spirits and cocktails.
Training/Support:The Sellers are willing to discuss and implement a training plan so the new owner will have the support needed to operate and expand the business. Key personnel are in place in both the front-of-house and production areas to ensure a smooth transition.
Sale Reason:Pursuing new business ventures
Ad #96243
Seller Reference #MINNEMN003-N1589
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Ray Carter
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