Watertown Confectionery Ghost Town Winery, Watertown, SD
Codington County, SD
| Asking Price: | $230,000 |
| Gross Revenue: | $145,363 |
| Rent: | $1,100/Month |
| Established Year: | 2015 |
| Cash Flow: | $39,033 |
| Inventory: | $48,500 |
| FF&E: | $45,000 |
Listing ID: 2301696Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a unique opportunity to own a long-standing, one-of-a-kind business. The business is known for its freshly made chocolates, carefully curated wine selection, and premium quality coffee. Customers are offered a truly personalized experience as they are invited to indulge in tastings and enjoy samples. The business's success is fueled by a loyal customer base, as well as a reputation for delivering exceptional products and service. The sale includes current inventory and no cost training by the seller to support a seamless transition for a new owner. The seller is also willing to finance a large portion dependent on the borrower.
DETAILED INFORMATION
Location
Codington County, SD
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,500
Lease Expiration
01/12/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 9,500 square feet with a Total monthly rent of $1,100. Lease ends 12/2024. Seller is active with 2 PT employees. Hours of operation are 9am – 4pm, Tuesday to Saturday. $48,500 in inventory and $45,000 in FF&E included in the asking price. Retail on Premises Manufacturer, Farm Winery, Sales tax & Department of the Treasury- Alcohol and Tobacco Tax and Trade Bureau: Basic Permit (permit granted for: Wine: Producer and Blender) required.
Support & Training
4 weeks
Reason for Selling
Retirement
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