Seller Financing Available
Gross Revenue: $372,480
Wine Retail with Tasting Room; Profiting over $50K
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. Location: Northeast Nebraska Client Information: There are 50 current Wine-of-the-Month customers. Following on Facebook of ~ 600 Building: Located on the 2nd busiest intersection in town! Employees: 4 PT that work special events Hours: Monday – Saturday 10am-8pm Current Owner’s Responsibilities: Owner-Operator – doing the ordering, sales, events, advertising and sales forecasting Financial Overview Gross Sales 2014: $372,480 2013: $371,668 2012: $361,991 Owner Profit/Cash Flow 2014: $50,703 YOY Sales Trends: Consistent sales from 2012 to 2014 Profit Margin: 14% Multiple: 3.6 *Multiples range from 1-5, with the average being 3 Valuation: 2014 Cash Flow x Multiple = Price $50,703 x 3.6 = $182,531 Assets Included in Purchase: Equipment: $66,683 which includes wine racks, coolers, wine chiller, freezer and tasting machine Build-Out: $25,428 Inventory: $55,920 Intangible Asset: Fully functioning and active website – providing great SEO for the business. Email List of nearly 600 repeat clients *amounts may vary Funding Example Purchase Price: $180,000 15% Buyer Down Payment: $27,000 15% Seller Financing: $27,000 70% Bank Loan: $126,000 Business Loan fully collateralized by current equipment and inventory!
Inventory: Included in asking price
Employees: 4 PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Located at the 2nd busiest intersection in town
Growth & Expansion: Growth Opportunities: Wine Classes
Financing: 15% (=27,000)
Support & Training: Seller Training Period- 90 Days
Reason for Selling: Retirement
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