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Wine And Beer Making Business For Sale

Surrey, British Columbia
Asking Price:
$98,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$185,000 (CAD)
Cash Flow:
$70,000 (CAD)

An established (1985) business that sells wine/beer making equipment and kits as well as providing the facilities for customers to produce their own wine and beer (in-store). Customers come to the store as they are attracted to consumer made wine and beer making once they see how easy it is to produce quality products for a fraction of the cost of commercial counterparts. The business has been operating from the same location for the past 24 years and has a regular clientele with limited competition in the area.

Highly visible street location with good walk-by traffic.

Property information

Real Estate:

Lease

Lease Terms:

4-year lease (ending Aug 31st 2020) with an option to renew for a further period of 4 years.

Leasehold Rent:

$30,000 (CAD) per annum

Location:

Surrey/Delta

Premises Details:

1,125 sq. ft. The location allows it to service a diverse community with many banquet halls and wedding locations nearby.
The store is on the main road between two municipalities and has tremendous visibility to people passing by and has ample parking.

Size in square feet:
1,125

Business Operation

Expansion Potential:

The business is currently operating at 70% capacity with the space and equipment to expand, as needed, giving room for growth. The company has recently upgraded to all new fermentation equipment which only requires half the space as was previously used.
The change to BC liquor laws in 2015 to allow U-Brew / U-Vin products to be used at liquor licenced events (weddings/parties/etc) has provided a marked increase to summer business, with much more room to grow as more people become aware of this as an option.

Reasons for selling:

Moving away

Trading hours:

Tues-Fri 10am-6pm / Sat 9am-2pm

Employees:
1 FT Owner
Years established:
1985

Other Information

Furniture / Fixtures value:
$15,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD)
Related Documents:

Contact Information

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