International Wine Importer and Distributor

Description:
The Company is a distinguished international importer and distributor specializing in boutique wines sourced from small to medium-sized wineries globally. The Company boasts a diverse and extensive portfolio featuring more than 700 unique wines. The Company’s distribution network is strategically located throughout the US Mid-Atlantic region.

Key Aspects:
• The Company sources wine from 16 countries globally
• Licensed importer for eight states
• Low customer concentration
• As of December 2023, the Company has a collection of over 203 wine brands and 1,000 active wine labels
• Strong reputation in the industry
Financial Note: Revenues and costs are subject to intercompany transfers not identified

Opportunities:
• Capacity to increase sales without the need for major capital expenditure
• Expand across the Southeast, US
• Pursue large national and international retailers for boutique offerings
• Further pursue liquor and beer sales

Headquartered:
• Mid-Atlantic, US

Current Markets:
• The Company primarily serves the beverage and hospitality industries, including restaurants, hotels, wine bars, and supermarkets in the Mid-Atlantic, US.

Real Estate:
• The Company operates from a 13,350 sq. ft. office and warehouse and a 4,000 sq. ft. warehouse. Each location is leased from an unrelated third party. According to management, there is room to expand in the immediate vicinity of each location.

Shareholder Ownership:
• The Company is owned by one shareholder who is seeking a complete exit. The owner is willing to remain with the Company for a transitionary period following the sale.