ITALIAN WINE DISTRIBUTION COMPANY

South East

ITALIAN WINE DISTRIBUTION COMPANY
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Asking Price: $500

Cash Flow: $124

Gross Revenue: $420

EBITDA: $124

FF&E: $20,000

Inventory: $70

Rent: $2,300 /Month

Established: 2013

ITALIAN WINE DISTRIBUTION COMPANY

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Business Description

The company was founded in 2013 as an exclusive wine distribution company; until December 2017 it had another name (Impero Wine Distributors Broward Inc) and bought the wines from a single importer (Impero Wine Distributors USA). At the end of 2017 they decided to change course and use more importers an to acquire their own import license. From this decision comes the new name (xxx Wines). Despite the profound change, the choice to expand the number of brands represented and the increase in quality has proved to be a winning choice. xxx Wines 2018 closed with a significant increase in turnover. The current sales area is South Florida. Our portfolio presents about 400 labels from Italy, France, Spain, Argentina, Chile, Uruguay and Germany. Among the numerous brands represented we include Due Mani, Poggio Bonelli, La Massa, Lisini, Piaggia, De Stefani, Cantina di Negrar, Colesel, I Campi, Ottella, Cantina del Pino, Giacomo Vico, Lis Neris, Livon, Colutta, Odoardi, Firriato , Girolamo Russo, Remy Massin and others of equal value. The 2019 represents another important chapter in the life of xxx Wines with the direct import of wines from Italy. For these products we will make all the efforts necessary for their diffusion throughout Florida, not leaving out any opportunities that may arise in other states. Also in the same period, in order to increasingly spread the offer, the number of sellers will be increased.2018 NumbersGross receipts or sales $ 420,7KGross Profit $ 124.7KEmployees: 1Salesperson: 2Customers: 70Facilities: Lease month $2.3K- 2500 sqf warehouse- 2 A/C systems
To grow margin and sales quickly and securely:- hire 1 salesman in the counties of Collier and Lee- hire 1 or 2 sellers in Broward County who also take care of Boca Raton-invest $ 100K for import only which can generate a gross margin increase of at least 60K to 70k more.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
9/30/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Warehouse 2500 sqf- 2 A/C systems
Growth & Expansion:
importation licence available can improve business $70k, Company works only with 2 sales person, can be improved as well.
Support & Training:
30 days
Reason for Selling:
travel
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(from currently available funds)
 
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DANIEL BURGUENO

Business Listed By:
DANIEL BURGUENO

YAFEE INTERNATIONAL REALTY

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