Close

Already a BizBuySell Member?

Log In to Continue

Invalid log in. Check your user name and password.

Log In

Verifying...

Forgot Your Password?

Note: The email address you provided matches an existing account. Please log in using this email address and your original password. If you don't recall your password, click the 'Forgot Your Password?' link.

Are you new to BizBuySell? Become a Free BizBuySell Member

The Wall Street Journal Online

WA State Wine Industry & passage of I-1183 opens up all kinds of biz.

King County, Washington

Photo Available
Asking Price:
N/A
Gross Income:
N/A
Cash Flow:
N/A
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
2002
Employees:
N/A
Business Types:
Nondurable Goods
Other Food Stores

Business Description

Washington voted overwhelmingly to end the state s 78-
year monopoly on liquor sales with passage of I-1183
This is a huge opportunity for the person that wants to take
over this market. Your possible customer base just increased.
With the passage of I-1183 it is expected to more than
quadruple Washington s spirits retailers, from the current 328
to more than 1,400 outlets. THE WINE INDUSTRY is BOOMING
& continues to outperform other industries. There is never a
better time to enter the wine industry. This is an industry that
has grown through some of the worse times economic times
this country has ever seen . This says a lot to those looking to
purchase a business in an industry with a history of
successful performance, close to recession proof. One of the
top criteria business buyers seek when looking for a
business.

The business opportunity being offered in this state is part of
the family of wine distribution companies that began its
operations in 2002 and in the last 4 yrs has become the
Number 1 Wine Distributor of South American Wines, and are
the Fastest Growing Wine Distributor in the country for the
markets they service. Their success is attributed to their
proprietary model for operating a wine distribution business
and the completely unique manner in which they sell wine vs.
other distributors.

His expansion has been impressive with buyers and
operations in AL, NC, SC, FL, GA, S. TX, N. TX, OH, DE , CO,
IA, IL & NY.

We only want to speak with people that are seriously
interested in obtaining their share of the wine market. If you
are serious interest in turning your passion for wine into a
successful business we need to speak!

Detailed Information

Facilities:
Typical warehouse is 750-1000 sq. ft with a small office or the use of a 10x10 sq ft. climate controlled storage facility. Allows owners to have multiple warehouses in major metro areas.
Competition:
The distributor has the most proprietary business model in the market. This enables the company to compete against all other distributors regardless of their size. Company sees some of the highest margins on wine sales the industry. Operation costs are a fraction of what other distributors face. The company s restricted and exclusive wine portfolio is one of the most competitive in the industry. Other distributors find it hard to compete against this company when they enter the market. The Wine Industry is Booming!
Growth/Expansion:
Owner has the ability to expand throughout the state with a fraction of the cost other distributors encounter. The US wine market has witnessed an unprecedented increase in wine sales over the past few years. In 2010, the U.S. surpassed France as the world's largest wine- consuming nation, with wine shipments to the U.S. from California, other states and foreign producers growing 2% from the previous year to nearly 330 million cases, and $30B. The industry is hot!
Financing:
Financing is offered on an individual basis to qualified buyers.
Support/Training:
Owner will go through training on the proprietary model which has made these businesses so successful. On going support from Corporate will be available as well as an assigned owner liaison to assist in the state.
Reason Selling:
Growth exceeded owner s ability to service all states and keep up with demand
Contact Seller

Broker Information

Similar Listings

Photo Available

Walts Automotive Repair Center-Existing...

Seattle, WA (King County)
Asking Price: $100,000

View Details

Photo Available

Upscale Liquor store in Prime location

Seattle, WA (King County)
Asking Price: $495,000

View Details

Photo Available

Restaurant for sale in Ravenna/U-District...

Seattle, WA (King County)
Asking Price: $85,000

View Details

View all businesses for sale in King County

Contact the Seller

= required

  • Please enter all required information.
  • Please enter a valid email address.
  • Please enter a valid phone number.
  • Please enter a valid zip code.
  • Please enter a valid invest amount.
  • Please enter a valid decision time frame.
  • Please move the slider to the right to unlock.
  • Your email was not sent. Please try again.
months
 

Business For Sale Listed By

John Allen Dees

John Allen
GWD Business Sales

View Phone Number

Listing Actions

  • Watch this listing You are watching this listing
  • Print this listing
  • Download additional information (PDF)

Sharing Actions



Valuation Report

Find the value of similar businesses for sale and recently sold on BizBuySell

Run Valuation Report

Ad#: 645528

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's terms & conditions before responding to any ad.