Luxury Fine Wine and Spirits Store
| Cash Flow: | $776,266 |
| Inventory: | $700,000 |
| FF&E: | $20,000 |
| Gross Revenue: | $3,749,888 |
| Rent: | $6,000 |
| Established Year: | 1955 |
Fine Wine & Spirits business located in one of the wealthiest zip codes in America. This established business has been servicing the desirable South Florida market for 50+ years. Perfectly positioned to serve this high net worth enclave synonymous with year-round celebrations, galas and fundraisers where only the finest wine and spirits are served.
This business has a reputation for superior wine and spirit knowledge and outstanding customer service with their ability to cater to high-net-worth clientele planning their next big event, entertaining at home, sailing on their yachts or flying aboard their private jets.
Proven business model with all segments profitable thanks to a focus on high end wine sales and large yacht and event sales. High barriers to entry in this particular region for competitive businesses. The company utilizes a leading edge inventory management system with a product designed specifically for beer, wine and liquor stores.
Excellent opportunity for an entrepreneur or a retailer with a passion for wine and hospitality or anyone looking for a simple business that is easy to operate. Tremendous growth potential within the growing market and by taking the brand name to new markets with similar high-end demographics.
Owners work 40 hours a week and takes 3 weeks of vacation time each year. Business includes 700k in inventory, 4COP liquor license, FFE and a company van.
Upon receipt of an executed NDA, Buyers will be provided with a detailed CIM. Please contact the listing agent for further details. The business is shown by appointment only.
