Business Summary:
Texas is the third largest wine consumer market in the US and this business is a leader offering the highest quality wine selection made of a balance between name brands and direct import wines regarded as best values but also improved margin. This wine store prides itself on its selection including the extensive depth of their matured vintages, the variety of grand formats (large size bottles), the mint condition of their wines and competitive pricing. They have been storing clientele’s collections for the last 26 years in an ideal climate controlled environment. The staff gives personal attention to the clientele. Seller is ready to retire and this is a perfect business for a wine enthusiast to step right in. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961. For more about the buying process, go to www.GatewayMA.com.
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| Year
Business was Established: 1977 |
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| Number of Employees:
2 FT |
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| Potential
Growth/Expansion:
The store is only open 4 ˝ days a week so a new owner could increase sales by simply staying open more. The owner closes the store when he travels and it was closed approximately 2 months this year collectively. Having an additional employee for back-up would significantly impact sales. More wine tastings and special events are advantageous. |
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| Competition:
This store carries high end wines that are not found in typical wine stores. They offer consulting services and storage which is not typical. They are located in an upscale area with ample parking. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
30 days included in the sales price. Additional time can be available at a consulting fee to be negotiated. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 1809
BusinessMart.com Listing Number: 108329 |
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