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BUSINESS FOR SALE - PROFILE #  17-2790SLAC_Jun

Wine Enthusiasts...this is for YOU!
Florida

Asking Price: $350,000   Down Payment: $200,000  
Gross Revenue: $496,566   Adj. Cash Flow*: $114,627  
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Executive Summary

  Perfect owner/ operator for a wine enthusiast! This wholesale fine wine importing and distribution business is ready for an individual who is sales driven and ready to perform. Importing duties are not a worry as seller will fully train. Purchase price includes $50,000. of wine inventory at landed cost. The licensing and over 200 customers are established enabling new owner to spend time growing the business and expanding geographical territories of service throughout Florida. Present Customers include bars, country clubs, hotels, pubs, and restaurants. Import and wholesale License transfer is required by the state through the Department of Business and Professional Regulation, but the process is not difficult. A surety bond of $25,000. is also required. Visit www.myfloridalicense.com to research the process. Seller will also assist in license transfer. All wines are stored in a leased temperature controlled warehouse. Products offered are presently 175 labels of hard to find, small batch and specialty vintages from Europe. Seller's and new owner's duties include sales, "wine consultant" assistance, and wine tastings. A financial benefit of this licensed wholesale business, is the state of Florida alcohol related beverage authority (ABT) requires that your customers pay within 14 days of delivery.  Seller will provide a thorough training and transition period after the sale. Financials are current and ready for due diligence including owner benefit confirmation.        

Acquisition Highlights

  • Independent contractor "Wine consultants" paid commission 1099 and operate in specific territories. Part time delivery person is paid a 1099.
  • Customers must pay within 14 days of delivery per the state of Florida alcohol beverage authority. *Seller uses tax saving strategies.
  • 1750 square feet of A/C Warehouse, plus 300 square foot office facility for wine inventory storage.
  • Est. in 2012
  • Financing Information:  Seller financing to well qualified buyer.
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2012 Inventory: $50,000 Included
Employees: 4 PT , 2 Mgrs Furniture, Fixtures & Equipment:
Lease/Rent: $804 Real Estate:
Building Sq Ft: 2050 Included
    Total Assets Included in Sale: $50,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Stacy Alario
Phone:  (941) 957-1414
Fax:  (941) 296-7486
E-mail:  stacyalario@aol.com
American Business Brokerage, Inc.
3205 Southgate Circle
Suite 20
Sarasota, FL 34239
americanbusinessbrokerage.org
The above company and/or agent is a licensed real estate broker/and or a business broker.
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