Specialty Wine Shop for Sale

CO

Specialty Wine Shop for Sale

Asking Price:$400,000

Cash Flow:$4,900

Gross Revenue:$544,000

EBITDA:N/A

FF&E:N/A

Inventory:$70,000

Rate/Sq. Ft.:$0.65

Established:2008

Specialty Wine Shop for Sale

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Business Description

Boutique wine store in downtown area in southern Colorado for sale. Store organized by states or countries. Over 900 people on weekly email list. Record purchases of customers, creating loyal returning customer base. Knowledgeable, friendly, service oriented staff, talk wine. 3 first level Sommeliers on staff. Very educational oriented store with wine tastings on Friday night and Saturday afternoons. Other events include wine dinners and special tastings. Involved with local community in fund-raising events and charitable wines.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Expiration:
N/A
Employees:
6
Facilities:
Lease 2000 sqft space with plenty of parking in progressive section of downtown. Landlord is great. Safe, well lit parking lot. 3- 10ft. coolers for beer and wine. Counterpoint software with all the reporting you would need. Excellent group of people that work here. Conscience, dedicated, knowledgeable people that like to work here. They are the reason for the the growth in sales.
Competition:
For 8 years we have separated ourselves from "liquor stores" with our product mix, knowledgeable staff and "old time" customer service. We primarily sell smaller family owned wines. We do not sell the top 100 selling wines that are in most stores. One of the comments we hear from new customers is that they don't recognize many of the brands we sell. It is on purpose we select great quality wines that aren't sold in mass. We are only wine store in town of over 100,000 people. Excellent marketing in place, solid, loyal customer base.
Growth & Expansion:
Currently in our 8 year of doing business, we have experienced growth in every year but 2014. We were flat that year. Most growth has been avg of 5%. Great opportunities for better social media marketing as well as internet marketing. Store is approved to ship wine to other states.
Support & Training:
Will stay on for 6 months to train. Would also consider becoming an employee/manager to out-of -town owner.
Reason for Selling:
It's time.
Business Website:
http://80twentywines.com

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Business Listed By:
John Myers

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