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ACQUISITION OPPORTUNITY #R-2095
SPECIALTY RETAIL WINE STORE
Fifteen year old
fine wine store offering a variety of specialty wines at
competitive pricing. This specialty retail wine store is noted
for quality service and Friday night wine tastings.
INVESTMENT HIGHLIGHTS:
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Established location
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D-1, D-2 & D-6 liquor license, can operate as
a wine bar, not currently taking full advantage of liquor
license or Sunday sales
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Retail Food Establishment license; can offer
hot and cold food that most wine stores do not have
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Weekly wine tastings attract 24 - 50
attendees per week
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No active advertising or on-line presence;
opportunity for on-line store
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Recently added (November 2010) specialty
beers and beer tastings
PURCHASE PRICE:
The business is
being offered at $125,000, based on an asset sale, free and
clear of all debt and liabilities.
Financial Summary:
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6/30/11 |
2010 |
2009 |
2008 |
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Assets Included in the Sale: |
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Sales |
115,581
|
245,067 |
245,623 |
242,698 |
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Inventory (cost) |
55,000 |
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Net Income |
4,666
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(3,788) |
1,164 |
(194) |
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Furniture, Fixtures & Equipment |
40,000 |
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|
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ACF |
6,336 |
3,735 |
10,283 |
5,709 |
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Liquor License, Food License, |
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|
|
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ACF - Adjusted Cash Flow: Pre-tax profits of the business before |
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Customer List, Goodwill |
30,000
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|
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owner's salary & perks, depreciation & interest. |
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Total |
125,000 |
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FOR FURTHER INFORMATION CONTACT:
KEATE PARTNERS
7783A Five
Mile Road
Huntington
Bank Building
Cincinnati,
OH 45230
(513)
241-3700 Fax (513) 852-8325
www.keatepartners.com
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