Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Business For Sale. Personalized Gifts Of Wine - Parent Company

LISTING DETAILS
Firms For Sale ID:
10607
Vendor reference:
858213
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$4,000,000
Net profit / cashflow:
$11,000,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Retail investment opportunity of a lifetime. This company with its nationally recognized trademark has been selling and personalizing gifts of wine for over 30 years by providing personal messages on the labels of premium-quality, award-winning wines. In addition to personalized wines, the company offers a full compliment of premium96;branded wines and gift accessories in its retail stores. Now, the company is poised to realize a significant opportunity, as it has recently signed a contract with one of the most prestigious luxury retailers in the nation to develop approximately 100 retail 93;stores within a store94; locations across the US. Presently, the company is set-up to complete the 93;build-out94; via franchising, however a new owner would have the option to convert to a 93;company-owned94; expansion if preferred (i.e. projected revenue 20 new company-owned stores is 24;11,000,000 with projected profit of 24;4MM; or 100 franchise stores at 24;50,000 franchise fee each 3D; 24;5,000,000 plus annual royalties). The business is turnkey and includes two active websites, proprietary software with all necessary supply and fulfillment operations in place. Current staff is in position to facilitate all requirements of assistance in setting-up new (franchise) locations throughout the US (i.e. store build-out, wine licensing and tasting permits, etc). The owner and founder wants to retire and hand the baton to a new owner to scale and build the company nationwide. All the pieces are in place, including the above mentioned 93;anchor contract94; with a major retailer (worth over 24;6MM alone). For more information, contact Steve Brodhead at 310-536-8300 x216.