Business Summary:
Located in the Southeastern part of the United States, this winery s product is fabulously successful and unique. Their 32 brands have won 160 awards mostly gold, double gold, and best of show in direct competition with the best wine manufacturers in the world. Their sales have increased by 224-percent and net income by 370-percent over the last four-years, and they do not even market their product to stores, restaurants or any distributors outside of their State of operation. And this reflects just 15-percent of their current production capability. With additional marketing and a sales team, this winery s current capacity could have sales in excess of $60-million dollars per year, and they are already approved to increase their state-of-the-art facility by another 4,200 sq. ft. on this prime waterfront property which would increase their capacity by more than 100-percent or $120-million dollars per year.
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| Year
Business was Established: 1970 |
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| Number of Employees:
15 |
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| Facilities / Terms of Lease:
Winery: State-of-the-art-facility on waterfront property; opened in 1970, 32 brands of wine that have won 160 gold medals in compition with best wineries in the world. |
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| Potential
Growth/Expansion:
Their profit margin is 125%, and they refuse to lower that margin by selling outside of their area of operation. |
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| Competition:
They have no competition. They offer the most unique product line available. |
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| Owner
willing to finance:
Seller will consider holding SOME financing |
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| Owner
willing to train:
Owner' son (and partner), in charge of quality control, is willing to remain with buyers indefinitely. |
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| Reason for selling:
Medical: Owner's wife and active partner, has had multiple heart attacks. |
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Seller Reference Number: 8007777
BusinessMart.com Listing Number: 15007 |
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