1020-13180 Huge Potential-Turnkey Wine Distribution Business

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30136380
Property Subtypes: Wholesale and Distribution
Building Size (RSF): See Agent
Sale Price: $150,000
Year Business Established: 2017
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

This business distributes quality wines and specialized beers to restaurants, bars and other venues serving alcohol. It was the Seller's Dream. It took 8 months to do market analysis, put everything together, including assets, leasehold improvement HVAC for wine warehouse, find the right local restaurant reps and buy a large inventory of wines from around the world. Then life happened and he had to leave the Country to take care for other business matters and had to make the decision to sell his business and have someone else benefit from his work.

Additional Details

Industry Segment: Wholesale and Distributors
Reason for Selling: Seller had to go out of the country for unexpected business reasons.
Value of Inventory Included ($): $130,500
Value of Furniture, Fixtures, and Equipment ($): $27,500
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The Business is well located around the I-75 corridor. It occupies a climate-controlled 2500 sq ft warehouse with office.
Employee/Labor Description: Monday-Friday 9am-5pm.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. A Beer & Wine distribution license in place to operate this Business. Need to be transferred to a Buyer who qualifies. The Business sells wines mainly from Italy, California and South America, as well as limited specialty beers.
Competition/Market Description: The wine distribution competition is rather limited in the Sarasota area and there is a great market of many restaurants, bars and event locations that may benefit from a better selection and more local service.
Growth/Expansion Opportunities: The Seller is experienced in wine distribution and has been very successful in this industry. This business is being sold for less than the value of its assets and comes with a know-how that the seller is willing to transfer. This Seller expects this Business to be very profitable for the right buyer.
Seller Financing Description: $50K Down/ $100K for 60 mos. @ 5%. Seller's financing subject to seller's approval of Buyer's creditworthiness and qualifications.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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