International Premium Wine Importer & Distributor

NY

International Premium Wine Importer & Distributor
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Asking Price: N/A

Cash Flow: $2,126,610

Gross Revenue: $9,501,115

EBITDA: N/A

FF&E: N/A

Inventory: $2,000,000*

Rent: $900 /Month

Established: 2005

*not included in asking price.

International Premium Wine Importer & Distributor

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Business Description

56% Gross Profit Margins, Impressive Portfolio, Skilled Personnel

The Company, located in New York, is an importer and distributor of premium boutique wine to the United States market.  Founded in the past fifteen years, the owner’s passion for fine wines has turned into a well-established business with among the highest profit margins in the industry and whose premium selection includes wines from the major wine regions in Europe, North America, and South America.

The team takes great care in hand selecting each wine and then marketing those wines to restaurants, hotels, and specialty retailers. They continue to procure these wines in the various regions of Italy and remain dedicated to expanding the portfolio into other regions of the world.  The Company picks wineries and restaurants/retailers who share a philosophy centered on excellent customer service and attention to detail.  The Company is dedicated to developing and maintaining a diverse and balanced portfolio of hand-selected, estate-bottled boutique wines that are interesting, naturally rich, and high in quality.

The Company is locally known for its best-in-industry and well–trained sales and operational professionals.  The company prides itself in establishing a family culture for its team of young, hardworking personnel with unique skillsets.  The company's wine specialists work efficiently to help clients select wines that fit their environment and keep their businesses growing. Sales representatives visit their contracted clients to take inventory and evaluate brand needs.

The company's clientele is known to include some of the most successful businesses in the United States. The company's goal for the future is to continue bringing both known and undiscovered fine wines from around the world into the US market while also expanding into the spirits market.

Purchase Considerations:
* Established business with an excellent reputation in local markets (NY, NJ, CT, and PA).
* Among the highest profit margins in the industry (56% vs. 24% for the industry).
* Highly skilled sales and management personnel teams that operate within a culture of family.
* Company has grown organically and is ready to see sales explode with the introduction of spirits and an improved distribution network.
* Impressive and balanced portfolio of hand-selected, estate-bottled boutique wines that are interesting, naturally rich, and high in quality.
* The Company’s fine selection has expanded immensely including not only wines from Italy but also the major wine regions in Europe, North America, and South America.
* The Company does not carry any long-term debt and provides a great opportunity for someone interested in a business with strong cash flow in a stable and recession-resilient market.
* Long-lasting forged partnerships with a broad range of loyal clients and suppliers.
* Track record of astute customer focus resulting in excellent customer service and attention to detail.

The company is listed in an open bid listing format, with no price proposed. The owner, like many, would like to see a strong cash at closing offer, but he is open to proposals involving growth capturing incentives.

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
20
Facilities:
-Leased. -2,500 Sq.ft office space rented at $9,00/month. -No rent charged for the shared warehouse space.
Competition:
The company attributes its remarkable success to its ability to tightly handle and manage inventory levels to increase turns and respond quickly to changes in customer demand. The Company has a fantastic wine selection in hand but always makes sure to maintain reasonable levels, whereas many companies struggle with excessive inventory and are left with more than the market demands. Having excess inventory is generally regarded as bad for business because of what it means for inventory turnover and the costs associated with managing it.
Growth & Expansion:
Sales for the US wine and spirits distributors industry are forecast to grow at a 4.86% compounded annual rate from 2017 to 2023, faster than the growth of the overall economy. The US has about 2,000 wine and spirit distributors with annual sales of about $78 billion and over 85,000 employees.
Support & Training:
Following the sale of the business, the current owner is willing to stay on board for up to one to two years to ensure a smooth transition for the right price. The amount of training and support needed will be a factor of the new owner's background as well as their decisions regarding which current employees are retained.
Reason for Selling:
Current owner planning to move back to Europe
Business Website:
http://listing.raincatcher.com/listing/wine-importer-distributor/
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Contact the Seller

(from currently available funds)
 
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Jude David

Business Listed By:
Jude David

Raincatcher

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Sponsoring Broker:
Jason Thomas

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