Specialty Wine Store & Wine Storage Business For Sale

Business description

Texas is the third largest wine consumer market in the US and this business is a leader offering the highest quality wine selection made of a balance between name brands and direct import wines regarded as best values but also improved margin. This wine store prides itself on its selection including the extensive depth of their matured vintages, the variety of grand formats (large size bottles), the mint condition of their wines and competitive pricing. They have been storing clientele’s collections for the last 26 years in an ideal climate controlled environment. The staff gives personal attention to the clientele. Seller is ready to retire and this is a perfect business for a wine enthusiast to step right in. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at ------------. For more about the buying process, go to ---.---------.---.

Property information

Real Estate:

Lease

Premises details:

$3905.00

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Tues-Fri/Sat, Hours: 9:00am-5:00pm/10:00am-2:00pm

Employees:

Full Time: 2

Years established:

35

Other information

Financing available:

Downpayment Required: $585,000
Monthly Payroll: $23,585

Furniture / Fixtures value:

$139,500 (included in the asking price)

Inventory / Stock value:

$800,000 (included in the asking price)