Craft Spirits Manufacturer and Distributor- Strong Brands!
Business Description
Founded in 2010 with the goal of producing a quality and affordable craft vodka, this family-owned and operated business is predominately a craft distiller/spirits manufacturer. They directly distribute/wholesale their own brands in NJ/NY, while also acting as solely a distributor of wines in NY state.
Currently, the firm’s revenue mix is approximately 90% from wholly owned brand sales, and 10% wholesale/distribution of wines. From a distribution perspective, 80% of wholesale is to stores (off-premise), with 20% of distribution to bars/restaurants (on premise). All sales are wholesale to liquor stores, bars or restaurants throughout NY and NJ.
The new owner/buyer needs to be located in NY state, a US citizen, with a clear record from an FBI background check perspective. The current owner is the General Manager of the business, typically working 9am-1pm. He will need to be replaced post-transition.
Highlights:
-Strong brand reputation with a diverse product line
-Diverse operational mix- NY Distiller License, NJ Wholesale/Distribution License, NY Wine Distribution License, Importer License
-No Customer Concentration, 600 stores as active accounts
-Accounts Receivable/Customer payments are monitored by Liquor Regulatory agencies, ensures payment
-Multiple suppliers, minimal supplier/vendor risk
-Many growth opportunities to be explored/implemented
Currently, the firm’s revenue mix is approximately 90% from wholly owned brand sales, and 10% wholesale/distribution of wines. From a distribution perspective, 80% of wholesale is to stores (off-premise), with 20% of distribution to bars/restaurants (on premise). All sales are wholesale to liquor stores, bars or restaurants throughout NY and NJ.
The new owner/buyer needs to be located in NY state, a US citizen, with a clear record from an FBI background check perspective. The current owner is the General Manager of the business, typically working 9am-1pm. He will need to be replaced post-transition.
Highlights:
-Strong brand reputation with a diverse product line
-Diverse operational mix- NY Distiller License, NJ Wholesale/Distribution License, NY Wine Distribution License, Importer License
-No Customer Concentration, 600 stores as active accounts
-Accounts Receivable/Customer payments are monitored by Liquor Regulatory agencies, ensures payment
-Multiple suppliers, minimal supplier/vendor risk
-Many growth opportunities to be explored/implemented
About the Business
- Years in Operation
- 15
- Currently Relocatable
- Yes
- Facilities & Assets
- Equipment included in sale
• Bottling conveyer machine – Italian, fully automated for all bottle sizes (original cost $260,000)
• Mixing & storage tanks (4)
• Compressors (1)
• Pumps (2)
• Manual bottling stations (gravity filler) (3)
• Alcohol rectifier filtration system (1)
• 2022 Ford truck
• Forklift (1)
• Various racks, working tables and furniture - Market Outlook / Competition
- The licenses create barriers to entry
- Opportunities for Growth
- A new owner will have an established brand that has not been aggressively marketed due to the age and health concerns of the seller. Notable growth areas include:
• Relocation (within NY state) to a facility with more space can enable an additional income stream, client tastings
• Production of other spirits under their brand name (currently not producing Tequila)
• Minimal social media, advertising spend should increase sales
• Merchandising in stores
• Additional field Sales reps
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $6,666.67 per month
- Lease Expiration
- 8/31/2026
About the Sale
- Seller Motivation
- Health Issues
- Transition Support
- The seller is willing to transition for up to 6 Months, in order to ensure a smooth transition.
Listing Info
- ID
- 2432920
- Listing Views
- 39
Listing ID: 2432920 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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