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Ecommerce Opportunity. Online Wine Store
This profitable web-based business specializes in port wine. Enjoys a loyal nationwide customer list that spans from port wine enthusiasts to large corporate customers, including CBS News, NBC News and Madison Square Garden. Business has become a popular go-to gift site for the West Coast and East Coast entertainment community, including actors, fashion designers and large talent agencies such as United Talent Agency.
Owner holds a fulltime job and cannot devote significant time to grow the business. All business is from word of mouth and a small amount of Google advertising. Under Google organic listing, company’s homepage shows consistently Top 3 on page 1 and recommendations page shows around 8th spot. Website is attractive, well-designed and user-friendly. Company is known for quality service and boasts less than 1% on returned/damaged goods while in shipment.
Business started in the midst of the economic downturn and yet has consistently generated positive cash flow. A new owner who is willing to spend some marketing dollars could increase sales significantly, especially in a recovering economy.
Areas of growth include wine tasting events at storage facility and wine clubs, international sales and product line expansion to include French and Italian premium wines.
Currently holds California state licenses 17 (Beer and Wine Wholesaler) and 20 (Off-sale Beer and Wine), two for the website and two for an offsite storage facility. Licenses allow for sales of all types of wine and beer. Can currently sell to 30 states. Licenses take about 6 months to apply for start up but a transfer only takes about one to two months.
Seller is willing to stay on for a reasonable period for training and to ensure a smooth transition.
• Sales (3 yr. Average): $39,600
• Current Inventory included in Sale: $1,500
• Seller’s Discretionary Cash Flow (3 yr. Average): $2,145
• Asking: $39,000
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Disclaimer: The information above was furnished by the seller. Sunbelt Business
Brokers of Orange Coast or its agents have no t verified the information and makes no representation as to its accuracy or reliability.
For more information call John Wilson at Sunbelt of Orange Coast at ------------.
Email: ----@-------------.---. ---: ------------.
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